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Forex Trend Analysis Report
Prepared for you on Monday, March 31, 2025.
Brazilian Real/CFA Franc BCEAO (FOREX:BRLXOF)
Crossroads (-60) - BRLXOF is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
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 UP since Feb 2nd, 2025 at 108.07609
The intermediate-term trend has been DOWN since Mar 2nd, 2025 at 108.65252
The short-term trend has been DOWN since Mar 28th, 2025 at 105.41213
Smart Scan Analysis for BRLXOF
Based on our trend formula, BRLXOF is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 105.28094 | 105.28094 | 105.28094 | 105.28094 | 0.00000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 105.28094 | 2025-03-31 07:25:33 |