Forex Trend Analysis Report
Prepared for you on Saturday, April 1, 2023.
Euro/CFA Franc BEAC (FOREX:EURXAF)
Bull Market Weakness (+75) - EURXAF is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on EURXAF as it may be in the beginning stages of a reversal.
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 UP since Mar 6th, 2023 at 655.957
The short-term trend has been UP since Mar 6th, 2023 at 655.957
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).