Forex Trend Analysis Report
Prepared for you on Wednesday, April 1, 2020.
Burundi Franc/US Dollar (FOREX:BIFUSD)
Sidelines Mode (+55) - BIFUSD is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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 UP since Mar 29th, 2020 at 0.00053438
The intermediate-term trend has been UP since Mar 29th, 2020 at 0.00053039
The short-term trend has been DOWN since Mar 31st, 2020 at 0.00052852
Smart Scan Analysis for BIFUSD
Based on our trend formula, BIFUSD is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).