Forex Trend Analysis Report
Prepared for you on Monday, April 19, 2021.
US Dollar/CFP Franc (FOREX:USDXPF)
Weak Downtrend (-65) - USDXPF is showing signs of a strengthening downtrend. Monitor USDXPF as it may be building momentum to the downside.
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.
MarketClub’s Trade Triangles for USDXPF
The long-term trend has been UP since Mar 5th, 2021 at 100.15
The intermediate-term trend has been DOWN since Apr 16th, 2021 at 100.25
The short-term trend has been DOWN since Apr 12th, 2021 at 101.65
Smart Scan Analysis for USDXPF
Based on our trend formula, USDXPF is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).