Forex Trend Analysis Report
Prepared for you on Sunday, January 19, 2020.
CFP Franc/US Dollar (FOREX:XPFUSD)
Smart Scan Chart Analysis indicates that the upward trend for this market is at a crossroads and has possibly ended. Look for choppy trading conditions in the near term Trading Range Mode.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
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 UP since Dec 2nd, 2019 at 0.00924019
The short term trend has been UP since Jan 14th, 2020 at 0.00928308
Smart Scan Analysis for XPFUSD
Based on a pre-defined weighted trend formula for chart analysis, XPFUSD scored +50 on a scale from -100 (strong downtrend) to +100 (strong uptrend).