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Forex Trend Analysis Report
Prepared for you on Tuesday, April 23, 2024.
Burundi Franc/US Dollar (FOREX:BIFUSD)
Countertrend Down (-85) - BIFUSD is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score 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.
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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 DOWN since Apr 10th, 2024 at 0.00034864
The short-term trend has been UP since Apr 23rd, 2024 at 0.00034923
Smart Scan Analysis for BIFUSD
Based on our trend formula, BIFUSD is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00034934 | 0.00034934 | 0.00034934 | 0.00034934 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00034934 | 2024-04-23 07:26:27 |