Analyze Symbol
Forex Trend Analysis Report
Prepared for you on Monday, January 20, 2020.
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.
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MarketClub’s Trade Triangles for USDXPF
The long term trend has been UP since Sep 24th, 2019 at 108.77000
The intermediate term trend has been DOWN since Dec 3rd, 2019 at 107.64315
The short term trend has been DOWN since Jan 12th, 2020 at 107.31045
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 107.625 | 107.625 | 107.625 | 107.625 | 0.000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 107.581 | 107.250 | 108.000 | 2020-01-14 09:25:15 |