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Forex Trend Analysis Report
Prepared for you on Thursday, January 8, 2026.
US Dollar/CFA Franc BCEAO (FOREX:USDXOF)
Sidelines Mode (+50) - USDXOF is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until USDXOF can gain momentum.
Is it time to buy, sell, or avoid USDXOF?
MarketClub looks at technical strength and momentum to determine if the timing is right for USDXOF.
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 USDXOF
The long-term trend has been DOWN since Feb 13th, 2025 at 602.50000
The intermediate-term trend has been UP since Jan 5th, 2026 at 560.14431
The short-term trend has been UP since Jan 5th, 2026 at 558.79867
Smart Scan Analysis for USDXOF
Based on our trend formula, USDXOF is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 561.5 | 561.5 | 561.5 | 561.5 | 0.0 |
| Prev. Close | Volume | Bid | Ask | Time |
| 561.5 | 2026-01-07 13:53:34 |