Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Monday, June 24, 2019.

US Dollar/CFA Franc BEAC (FOREX:USDXAF)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight 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_USDXAF
Open High Low USDXAF Price Change
575.62 575.62 575.62 575.62 0.00
Entry Signal

MarketClub’s Trade Triangles for USDXAF

long term up The long term trend has been UP since May 1st, 2018 at 538.97

intermediate term down The intermediate term trend has been DOWN since Jun 4th, 2019 at 583.90

short term down The short term trend has been DOWN since Jun 21st, 2019 at 583.82

Smart Scan Analysis for USDXAF

Based on a pre-defined weighted trend formula for chart analysis, USDXAF scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-70
Smart Scan Analysis for USDXAF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
575.62 575.62 575.62 575.62 0.00
Prev. Close Volume Bid Ask Time
575.62 575.62 575.62 2019-06-24 08:50:23
Want to analyze US Dollar/CFA Franc BEAC USDXAF or another symbol? Try our Free Forex Trend Analysis Report.