Forex Trend Analysis Report
Prepared for you on Sunday, February 23, 2020.
CFP Franc/US Dollar (FOREX:XPFUSD)
Long-Term Downtrend (-90) - XPFUSD is in a strong downtrend that is likely to continue. While XPFUSD is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
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.
MarketClub’s Trade Triangles for XPFUSD
The long-term trend has been DOWN since Sep 19th, 2019 at 0.00930500
The intermediate-term trend has been DOWN since Jan 21st, 2020 at 0.00927010
The short-term trend has been DOWN since Feb 10th, 2020 at 0.00918495
Smart Scan Analysis for XPFUSD
Based on our trend formula, XPFUSD is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).