Forex Trend Analysis Report
Prepared for you on Thursday, November 30, 2023.
Burundi Franc/US Dollar (FOREX:BIFUSD)
Sidelines Mode (+50) - BIFUSD is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until BIFUSD can gain momentum.
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.
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 Nov 19th, 2023 at 0.00035327
The short-term trend has been UP since Nov 19th, 2023 at 0.00035327
Smart Scan Analysis for BIFUSD
Based on our trend formula, BIFUSD is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).