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Forex Trend Analysis Report
Prepared for you on Wednesday, January 15, 2025.
/US Dollar (FOREX:CDFUSD)
Countertrend Down (-85) - CDFUSD is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid CDFUSD?
MarketClub looks at technical strength and momentum to determine if the timing is right for CDFUSD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for CDFUSD
The long-term trend has been DOWN since Aug 23rd, 2022 at 0.00049574
The intermediate-term trend has been DOWN since Jan 7th, 2025 at 0.00034890
The short-term trend has been UP since Jan 9th, 2025 at 0.00035110
Smart Scan Analysis for CDFUSD
Based on our trend formula, CDFUSD is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00035153 | 0.00035153 | 0.00035153 | 0.00035153 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00035069 | 2025-01-09 18:05:35 |