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Forex Trend Analysis Report

Prepared for you on Thursday, October 21, 2021.

US Dollar/CFP Franc (FOREX:USDXPF)

Sidelines Mode (+55) - USDXPF is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement 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.

FOREX_USDXPF
Open High Low USDXPF Price Change
102.83 102.83 102.83 102.83 0.00
Entry Signal

MarketClub’s Trade Triangles for USDXPF

long term up The long-term trend has been UP since Aug 20th, 2021 at 101.725

intermediate term up The intermediate-term trend has been UP since Sep 17th, 2021 at 101.875

short term down The short-term trend has been DOWN since Oct 14th, 2021 at 103.375

Smart Scan Analysis for USDXPF

Based on our trend formula, USDXPF is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for USDXPF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
102.83 102.83 102.83 102.83 0.00
Prev. Close Volume Bid Ask Time
102.83 2021-10-21 10:34:54
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