Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
CFA Franc BCEAO/Botswana Pula (FOREX:XOFBWP)
Weak Uptrend (+65) - XOFBWP is showing signs of weakening momentum to the upside. Monitor XOFBWP as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid XOFBWP?
MarketClub looks at technical strength and momentum to determine if the timing is right for XOFBWP.
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 XOFBWP
The long-term trend has been UP since May 1st, 2024 at 0.02281857
The intermediate-term trend has been UP since Apr 24th, 2024 at 0.02250452
The short-term trend has been DOWN since May 7th, 2024 at 0.02241153
Smart Scan Analysis for XOFBWP
Based on our trend formula, XOFBWP is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
0.02238561 | 0.02238561 | 0.02238561 | 0.02238561 | 0.00000000 |
Prev. Close | Volume | Bid | Ask | Time |
0.02238561 | 2024-05-08 21:02:49 |