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Forex Trend Analysis Report

Prepared for you on Wednesday, December 11, 2024.

Burundi Franc/US Dollar (FOREX:BIFUSD)

Weak Downtrend (-65) - BIFUSD is showing signs of a strengthening downtrend. Monitor BIFUSD as it may be building momentum to the downside.

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
0.00033789 0.00033789 0.00033789 0.00033789 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 up The intermediate-term trend has been UP since Dec 4th, 2024 at 0.00033766

short term down The short-term trend has been DOWN since Nov 8th, 2024 at 0.00034447

Smart Scan Analysis for BIFUSD

Based on our trend formula, BIFUSD is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for BIFUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00033789 0.00033789 0.00033789 0.00033789 0.00000000
Prev. Close Volume Bid Ask Time
0.00033821 2024-12-09 18:37:00
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