Forex Trend Analysis Report
Prepared for you on Monday, March 8, 2021.
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.
MarketClub’s Trade Triangles for USDXPF
The long-term trend has been UP since Mar 5th, 2021 at 100.15
The intermediate-term trend has been UP since Mar 4th, 2021 at 99.60
The short-term trend has been UP since Mar 4th, 2021 at 99.50
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).