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Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
US Dollar/CFP Franc (FOREX:USDXPF)
Countertrend Up (+85) - USDXPF is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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 Nov 6th, 2024 at 111.05
The intermediate-term trend has been UP since Oct 4th, 2024 at 108.35
The short-term trend has been UP since Nov 6th, 2024 at 110.60
Smart Scan Analysis for USDXPF
Based on our trend formula, USDXPF is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 113.225 | 113.225 | 113.225 | 113.225 | 0.000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 113.225 | 2024-11-18 17:49:01 |