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Forex Trend Analysis Report

Prepared for you on Tuesday, October 22, 2019.

CFA Franc BEAC/US Dollar (FOREX:XAFUSD)

Smart Scan Chart Analysis indicates that the upward 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_XAFUSD
Open High Low XAFUSD Price Change
0.00169547 0.00169622 0.00169547 0.00169622 +0.00000100
Entry Signal

MarketClub’s Trade Triangles for XAFUSD

long term down The long term trend has been DOWN since May 1st, 2018 at 0.001860

intermediate term up The intermediate term trend has been UP since Oct 17th, 2019 at 0.001680

short term up The short term trend has been UP since Oct 17th, 2019 at 0.001674

Smart Scan Analysis for XAFUSD

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

+50
Smart Scan Analysis for XAFUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00169547 0.00169622 0.00169547 0.00169622 +0.00000100
Prev. Close Volume Bid Ask Time
0.00170007 0.00169622 0.00169622 2019-10-17 20:06:25
Want to analyze CFA Franc BEAC/US Dollar XAFUSD or another symbol? Try our Free Forex Trend Analysis Report.