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Forex Trend Analysis Report

Prepared for you on Thursday, December 3, 2020.

US Dollar/Burundi Franc (FOREX:USDBIF)

Weak Downtrend (-65) - USDBIF is showing signs of a strengthening downtrend. Monitor USDBIF as it may be building momentum to the downside.

Is it time to buy, sell, or avoid USDBIF?

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

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

FOREX_USDBIF
Open High Low USDBIF Price Change
1935.5976 1935.5976 1935.5976 1935.5976 0.0000
Entry Signal

MarketClub’s Trade Triangles for USDBIF

long term up The long-term trend has been UP since Apr 1st, 2020 at 1901.3021

intermediate term down The intermediate-term trend has been DOWN since Nov 25th, 2020 at 1931.0973

short term down The short-term trend has been DOWN since Dec 2nd, 2020 at 1929.3371

Smart Scan Analysis for USDBIF

Based on our trend formula, USDBIF is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for USDBIF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1935.5976 1935.5976 1935.5976 1935.5976 0.0000
Prev. Close Volume Bid Ask Time
1935.5976 2020-12-03 21:08:17
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