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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.

FOREX_USDBIF
Open High Low USDBIF Price Change
2861.3545 2864.1292 2861.3545 2864.1292 +2.7747
Entry Signal

MarketClub’s Trade Triangles for USDBIF

long term up The long-term trend has been UP since Mar 20th, 2024 at 2869.5

intermediate term up The intermediate-term trend has been UP since Mar 18th, 2024 at 2868.0

short term up 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).

+100
Smart Scan Analysis for USDBIF
Strong Downtrend Sideways 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
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