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Forex Trend Analysis Report
Prepared for you on Friday, March 24, 2023.
US Dollar/CFP Franc (FOREX:USDXPF)
Crossroads (-60) - USDXPF is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid USDXPF?
MarketClub looks at technical strength and momentum to determine if the timing is right for USDXPF.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for USDXPF
The long-term trend has been UP since Oct 5th, 2022 at 124.35
The intermediate-term trend has been DOWN since Mar 13th, 2023 at 112.10
The short-term trend has been DOWN since Mar 13th, 2023 at 112.10
Smart Scan Analysis for USDXPF
Based on our trend formula, USDXPF is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 113.55 | 113.55 | 113.55 | 113.55 | 0.00 |
| Prev. Close | Volume | Bid | Ask | Time |
| 113.55 | 2023-03-15 12:43:41 |