Forex Trend Analysis Report
Prepared for you on Friday, March 29, 2024.
US Dollar/Burundi Franc (FOREX:USDBIF)
Strong Uptrend (+100) - USDBIF is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, USDBIF continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid USDBIF?
MarketClub looks at technical strength and momentum to determine if the timing is right for USDBIF.
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 USDBIF
The long-term trend has been UP since Mar 20th, 2024 at 2869.5
The intermediate-term trend has been UP since Mar 18th, 2024 at 2868.0
The short-term trend has been UP since Mar 18th, 2024 at 2868.0
Smart Scan Analysis for USDBIF
Based on our trend formula, USDBIF is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
2861.3545 | 2864.1292 | 2861.3545 | 2864.1292 | +2.7747 |
Prev. Close | Volume | Bid | Ask | Time |
2861.3545 | 2024-03-28 22:00:13 |