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Forex Trend Analysis Report

Prepared for you on Friday, April 26, 2024.

CFP Franc/US Dollar (FOREX:XPFUSD)

Bear Market Rally (-75) - XPFUSD is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on XPFUSD as it may be in the beginning of a reversal.

Is it time to buy, sell, or avoid XPFUSD?

MarketClub looks at technical strength and momentum to determine if the timing is right for XPFUSD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_XPFUSD
Open High Low XPFUSD Price Change
0.00892473 0.00894085 0.00892473 0.00894085 +0.00001600
Entry Signal

MarketClub’s Trade Triangles for XPFUSD

long term down The long-term trend has been DOWN since Feb 23rd, 2024 at 0.00874507

intermediate term down The intermediate-term trend has been DOWN since Mar 27th, 2024 at 0.00906630

short term up The short-term trend has been UP since Apr 24th, 2024 at 0.00889298

Smart Scan Analysis for XPFUSD

Based on our trend formula, XPFUSD is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for XPFUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00892473 0.00894085 0.00892473 0.00894085 +0.00001600
Prev. Close Volume Bid Ask Time
0.00892473 2024-04-25 14:19:55
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