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Forex Trend Analysis Report
Prepared for you on Friday, April 26, 2024.
/CFA Franc BCEAO (FOREX:LRDXOF)
Bull Market Weakness (+75) - LRDXOF is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on LRDXOF as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid LRDXOF?
MarketClub looks at technical strength and momentum to determine if the timing is right for LRDXOF.
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 LRDXOF
The long-term trend has been UP since Apr 22nd, 2024 at 3.1740879
The intermediate-term trend has been UP since Apr 14th, 2024 at 3.1468314
The short-term trend has been UP since Apr 22nd, 2024 at 3.1737807
Smart Scan Analysis for LRDXOF
Based on our trend formula, LRDXOF is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 3.1700996 | 3.1700996 | 3.1700996 | 3.1700996 | 0.0000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 3.1592593 | 2024-04-24 21:01:06 |