Forex Trend Analysis Report
Prepared for you on Thursday, November 30, 2023.
Euro/CFA Franc BEAC (FOREX:EURXAF)
Weak Downtrend (-65) - EURXAF is showing signs of a strengthening downtrend. Monitor EURXAF as it may be building momentum to the downside.
Is it time to buy, sell, or avoid EURXAF?
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.
MarketClub’s Trade Triangles for EURXAF
The long-term trend has been UP since Mar 6th, 2023 at 655.957
The intermediate-term trend has been DOWN since May 9th, 2023 at 656.000
The short-term trend has been DOWN since May 9th, 2023 at 656.000
Smart Scan Analysis for EURXAF
Based on our trend formula, EURXAF is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).