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Forex Trend Analysis Report
Prepared for you on Thursday, April 25, 2024.
Burundi Franc/US Dollar (FOREX:BIFUSD)
Crossroads (-60) - BIFUSD is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid BIFUSD?
MarketClub looks at technical strength and momentum to determine if the timing is right for BIFUSD.
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 BIFUSD
The long-term trend has been DOWN since Nov 28th, 2022 at 0.00048181
The intermediate-term trend has been UP since Apr 23rd, 2024 at 0.00035007
The short-term trend has been UP since Apr 23rd, 2024 at 0.00034923
Smart Scan Analysis for BIFUSD
Based on our trend formula, BIFUSD is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00034934 | 0.00035071 | 0.00034934 | 0.00035071 | +0.00000100 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00034884 | 2024-04-23 21:01:44 |