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Forex Trend Analysis Report
Prepared for you on Saturday, February 22, 2025.
CFA Franc BCEAO/Brazilian Real (FOREX:XOFBRL)
Long-Term Downtrend (-90) - XOFBRL is in a strong downtrend that is likely to continue. While XOFBRL is showing intraday strength, it remains in the confines of a bearish trend. 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.
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MarketClub’s Trade Triangles for XOFBRL
The long-term trend has been DOWN since Feb 2nd, 2025 at 0.00925274
The intermediate-term trend has been DOWN since Jan 9th, 2025 at 0.00959042
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 -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00914054 | 0.00914054 | 0.00914054 | 0.00914054 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00914054 | 2025-02-22 01:41:05 |