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Forex Trend Analysis Report

Prepared for you on Wednesday, January 26, 2022.

/US Dollar (FOREX:CDFUSD)

Countertrend Up (+85) - CDFUSD is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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.

FOREX_CDFUSD
Open High Low CDFUSD Price Change
0.00050036 0.00050036 0.00050036 0.00050036 0.00000000
Entry Signal

MarketClub’s Trade Triangles for CDFUSD

long term up The long-term trend has been UP since Dec 7th, 2021 at 0.00050515

intermediate term up The intermediate-term trend has been UP since Jan 17th, 2022 at 0.00050022

short term up The short-term trend has been UP since Jan 24th, 2022 at 0.00050031

Smart Scan Analysis for CDFUSD

Based on our trend formula, CDFUSD is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for CDFUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00050036 0.00050036 0.00050036 0.00050036 0.00000000
Prev. Close Volume Bid Ask Time
0.00050036 2022-01-24 21:06:48
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