Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Monday, December 9, 2019.

US Dollar/ (FOREX:USDCLF)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with money management stops.

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.

FOREX_USDCLF
Open High Low USDCLF Price Change
0.02828973 0.02899280 0.02828973 0.02899280 +0.00070300
Entry Signal

MarketClub’s Trade Triangles for USDCLF

long term up The long term trend has been UP since Apr 22nd, 2019 at 0.02408900

intermediate term up The intermediate term trend has been UP since Oct 22nd, 2019 at 0.02644600

short term up The short term trend has been UP since Dec 9th, 2019 at 0.02872462

Smart Scan Analysis for USDCLF

Based on a pre-defined weighted trend formula for chart analysis, USDCLF scored +80 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+80
Smart Scan Analysis for USDCLF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.02828973 0.02899280 0.02828973 0.02899280 +0.00070300
Prev. Close Volume Bid Ask Time
0.02828973 0.02899174 0.02899386 2019-12-09 13:09:16
Want to analyze US Dollar/ USDCLF or another symbol? Try our Free Forex Trend Analysis Report.