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Forex Trend Analysis Report

Prepared for you on Tuesday, February 11, 2025.

CFA Franc BCEAO/Brazilian Real (FOREX:XOFBRL)

Strong Downtrend (-100) - XOFBRL is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, XOFBRL continues to fall. Traders should use caution and set stops.

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
0.00914115 0.00914115 0.00912179 0.00912179 -0.00001900
Entry Signal

MarketClub’s Trade Triangles for XOFBRL

long term down The long-term trend has been DOWN since Feb 2nd, 2025 at 0.00925274

intermediate term down The intermediate-term trend has been DOWN since Jan 9th, 2025 at 0.00959042

short term down The short-term trend has been DOWN since Jan 5th, 2025 at 0.00980381

Smart Scan Analysis for XOFBRL

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

-100
Smart Scan Analysis for XOFBRL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00914115 0.00914115 0.00912179 0.00912179 -0.00001900
Prev. Close Volume Bid Ask Time
0.00908947 2025-02-08 10:15:33
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