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Forex Trend Analysis Report
Prepared for you on Wednesday, April 24, 2024.
CFA Franc BCEAO/Botswana Pula (FOREX:XOFBWP)
Bear Market Rally (-75) - XOFBWP is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on XOFBWP as it may be in the beginning 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 DOWN since Apr 14th, 2024 at 0.02241763
The intermediate-term trend has been DOWN since Mar 12th, 2024 at 0.02262648
The short-term trend has been UP since Apr 18th, 2024 at 0.02241763
Smart Scan Analysis for XOFBWP
Based on our trend formula, XOFBWP is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.02248928 | 0.02248928 | 0.02248928 | 0.02248928 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.02256093 | 2024-04-22 21:00:59 |