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Forex Trend Analysis Report
Prepared for you on Friday, April 19, 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 Feb 23rd, 2024 at 114.525
The intermediate-term trend has been UP since Mar 27th, 2024 at 110.300
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 112.55 | 112.55 | 112.55 | 112.55 | 0.00 |
| Prev. Close | Volume | Bid | Ask | Time |
| 112.55 | 2024-04-18 15:56:20 |