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Forex Trend Analysis Report

Prepared for you on Saturday, October 19, 2019.

US Dollar/CFP Franc (FOREX:USDXPF)

Smart Scan Chart Analysis indicates that the downward trend for this market is at a crossroads and has possibly ended. Look for choppy trading conditions in the near term Trading Range Mode.

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_USDXPF
Open High Low USDXPF Price Change
107.23566 108.05000 107.18555 107.18555 -0.05011
Entry Signal

MarketClub’s Trade Triangles for USDXPF

long term up The long term trend has been UP since Sep 24th, 2019 at 108.77

intermediate term down The intermediate term trend has been DOWN since Oct 13th, 2019 at 108.24

short term down The short term trend has been DOWN since Oct 13th, 2019 at 108.58

Smart Scan Analysis for USDXPF

Based on a pre-defined weighted trend formula for chart analysis, USDXPF scored -50 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-50
Smart Scan Analysis for USDXPF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
107.23566 108.05000 107.18555 107.18555 -0.05011
Prev. Close Volume Bid Ask Time
107.23566 107.18555 107.18555 2019-10-17 20:06:21
Want to analyze US Dollar/CFP Franc USDXPF or another symbol? Try our Free Forex Trend Analysis Report.