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Forex Trend Analysis Report

Prepared for you on Thursday, February 6, 2025.

US Dollar/ (FOREX:USDCDF)

Bear Market Rally (-75) - USDCDF is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on USDCDF as it may be in the beginning of a reversal.

Is it time to buy, sell, or avoid USDCDF?

MarketClub looks at technical strength and momentum to determine if the timing is right for USDCDF.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_USDCDF
Open High Low USDCDF Price Change
2851.5 2851.5 2851.5 2851.5 0.0
Entry Signal

MarketClub’s Trade Triangles for USDCDF

long term down The long-term trend has been DOWN since Jan 15th, 2025 at 2844.0

intermediate term down The intermediate-term trend has been DOWN since Jan 9th, 2025 at 2868.5

short term up The short-term trend has been UP since Jan 23rd, 2025 at 2835.5

Smart Scan Analysis for USDCDF

Based on our trend formula, USDCDF is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for USDCDF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2851.5 2851.5 2851.5 2851.5 0.0
Prev. Close Volume Bid Ask Time
2852.5 2025-02-04 16:58:41
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