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Forex Trend Analysis Report

Prepared for you on Monday, February 17, 2020.

Euro/CFA Franc BEAC (FOREX:EURXAF)

Strong Downtrend (-100) - EURXAF is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid ?

MarketClub looks at technical strength and momentum to determine if the timing is right for EURXAF.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_EURXAF
Open High Low EURXAF Price Change
655.957 655.957 655.957 655.957 0.000
Entry Signal

MarketClub’s Trade Triangles for EURXAF

long term down The long-term trend has been DOWN since Oct 17th, 2019 at 655.96

intermediate term down The intermediate-term trend has been DOWN since Oct 17th, 2019 at 655.96

short term down The short-term trend has been DOWN since Oct 17th, 2019 at 655.96

Smart Scan Analysis for EURXAF

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

-100
Smart Scan Analysis for EURXAF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
655.957 655.957 655.957 655.957 0.000
Prev. Close Volume Bid Ask Time
655.957 655.957 655.957 2020-02-10 21:01:17
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