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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.

FOREX_USDXPF
Open High Low USDXPF Price Change
107.625 107.625 107.625 107.625 0.000
Entry Signal

MarketClub’s Trade Triangles for USDXPF

long term up The long term trend has been UP since Sep 24th, 2019 at 108.77000

intermediate term down The intermediate term trend has been DOWN since Dec 3rd, 2019 at 107.64315

short term down 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).

-50
Smart Scan Analysis for USDXPF
Strong Downtrend Sideways 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
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