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.
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MarketClub’s Trade Triangles for USDXPF
The long-term trend has been UP since Feb 23rd, 2024 at 114.525
The intermediate-term trend has been DOWN since Feb 27th, 2024 at 110.700
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).
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 |