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Forex Trend Analysis Report

Prepared for you on Wednesday, November 20, 2024.

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.

FOREX_XPFUSD
Open High Low XPFUSD Price Change
0.00883224 0.00883224 0.00883224 0.00883224 0.00000000
Entry Signal

MarketClub’s Trade Triangles for XPFUSD

long term down The long-term trend has been DOWN since Nov 6th, 2024 at 0.0090051

intermediate term down The intermediate-term trend has been DOWN since Oct 4th, 2024 at 0.0092294

short term down The short-term trend has been DOWN since Oct 4th, 2024 at 0.0092294

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).

-90
Smart Scan Analysis for XPFUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00883224 0.00883224 0.00883224 0.00883224 0.00000000
Prev. Close Volume Bid Ask Time
0.00883224 2024-11-18 17:49:01
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