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Forex Trend Analysis Report

Prepared for you on Friday, May 9, 2025.

CFA Franc BCEAO/Brazilian Real (FOREX:XOFBRL)

Countertrend Up (+85) - XOFBRL is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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

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

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

FOREX_XOFBRL
Open High Low XOFBRL Price Change
0.0098993 0.0098993 0.0098993 0.0098993 0.0000000
Entry Signal

MarketClub’s Trade Triangles for XOFBRL

long term up The long-term trend has been UP since Apr 6th, 2025 at 0.00972253

intermediate term up The intermediate-term trend has been UP since Apr 6th, 2025 at 0.00955795

short term up The short-term trend has been UP since May 7th, 2025 at 0.00975363

Smart Scan Analysis for XOFBRL

Based on our trend formula, XOFBRL is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for XOFBRL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.0098993 0.0098993 0.0098993 0.0098993 0.0000000
Prev. Close Volume Bid Ask Time
0.0098993 2025-05-07 07:25:21
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