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Forex Trend Analysis Report
Prepared for you on Friday, May 30, 2025.
Brazilian Real/CFA Franc BCEAO (FOREX:BRLXOF)
Long-Term Downtrend (-90) - BRLXOF is in a strong downtrend that is likely to continue. While BRLXOF 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 BRLXOF?
MarketClub looks at technical strength and momentum to determine if the timing is right for BRLXOF.
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 BRLXOF
The long-term trend has been DOWN since Apr 6th, 2025 at 102.85389
The intermediate-term trend has been DOWN since May 23rd, 2025 at 101.01721
The short-term trend has been DOWN since May 23rd, 2025 at 103.05068
Smart Scan Analysis for BRLXOF
Based on our trend formula, BRLXOF is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 101.60757 | 101.60757 | 101.47638 | 101.47638 | -0.13119 |
| Prev. Close | Volume | Bid | Ask | Time |
| 102.65710 | 2025-05-26 21:00:08 |