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Forex Trend Analysis Report

Prepared for you on Tuesday, March 19, 2024.

US Dollar/CFP Franc (FOREX:USDXPF)

Sidelines Mode (+55) - USDXPF is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid USDXPF?

MarketClub looks at technical strength and momentum to determine if the timing is right for USDXPF.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_USDXPF
Open High Low USDXPF Price Change
110.05 110.10 110.05 110.10 +0.05
Entry Signal

MarketClub’s Trade Triangles for USDXPF

long term up The long-term trend has been UP since Feb 23rd, 2024 at 114.525

intermediate term down The intermediate-term trend has been DOWN since Feb 27th, 2024 at 110.700

short term up The short-term trend has been UP since Mar 18th, 2024 at 109.600

Smart Scan Analysis for USDXPF

Based on our trend formula, USDXPF is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for USDXPF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
110.05 110.10 110.05 110.10 +0.05
Prev. Close Volume Bid Ask Time
110.05 2024-03-18 17:21:46
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