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Forex Trend Analysis Report

Prepared for you on Monday, April 22, 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.

FOREX_USDXPF
Open High Low USDXPF Price Change
112.45 112.45 112.45 112.45 0.00
Entry Signal

MarketClub’s Trade Triangles for USDXPF

long term up The long-term trend has been UP since Feb 23rd, 2024 at 114.525

intermediate term up The intermediate-term trend has been UP since Mar 27th, 2024 at 110.300

short term up The short-term trend has been UP since Apr 12th, 2024 at 112.375

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).

+80
Smart Scan Analysis for USDXPF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
112.45 112.45 112.45 112.45 0.00
Prev. Close Volume Bid Ask Time
112.45 2024-04-19 12:36:56
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