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Forex Trend Analysis Report

Prepared for you on Monday, May 25, 2020.

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
109.30 109.59 109.30 109.59 +0.29
Entry Signal

MarketClub’s Trade Triangles for USDXPF

long term down The long-term trend has been DOWN since Apr 28th, 2020 at 105.03500

intermediate term down The intermediate-term trend has been DOWN since Apr 24th, 2020 at 107.15184

short term up The short-term trend has been UP since May 22nd, 2020 at 109.45000

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
109.30 109.59 109.30 109.59 +0.29
Prev. Close Volume Bid Ask Time
109.40 109.48 109.70 2020-05-22 09:51:48
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