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Forex Trend Analysis Report

Prepared for you on Sunday, October 24, 2021.

US Dollar/Burundi Franc (FOREX:USDBIF)

Long-Term Uptrend (+90) - USDBIF is in a strong uptrend that is likely to continue. While USDBIF is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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
2000 2000 2000 2000 0
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 up The intermediate-term trend has been UP since Oct 19th, 2021 at 1999.0000

short term up The short-term trend has been UP since Oct 19th, 2021 at 1999.0000

Smart Scan Analysis for USDBIF

Based on our trend formula, USDBIF is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for USDBIF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2000 2000 2000 2000 0
Prev. Close Volume Bid Ask Time
1987 2021-10-22 10:25:55
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