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Forex Trend Analysis Report

Prepared for you on Wednesday, January 15, 2025.

Burundi Franc/US Dollar (FOREX:BIFUSD)

Long-Term Downtrend (-90) - BIFUSD is in a strong downtrend that is likely to continue. While BIFUSD is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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.

FOREX_BIFUSD
Open High Low BIFUSD Price Change
0.00033766 0.00033766 0.00033766 0.00033766 0.00000000
Entry Signal

MarketClub’s Trade Triangles for BIFUSD

long term down The long-term trend has been DOWN since Nov 28th, 2022 at 0.00048181

intermediate term down The intermediate-term trend has been DOWN since Jan 14th, 2025 at 0.00033776

short term down The short-term trend has been DOWN since Jan 14th, 2025 at 0.00033776

Smart Scan Analysis for BIFUSD

Based on our trend formula, BIFUSD is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for BIFUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00033766 0.00033766 0.00033766 0.00033766 0.00000000
Prev. Close Volume Bid Ask Time
0.00033766 2025-01-14 07:25:21
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