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Forex Trend Analysis Report

Prepared for you on Friday, November 27, 2020.

CFA Franc BCEAO/Botswana Pula (FOREX:XOFBWP)

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

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

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

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

FOREX_XOFBWP
Open High Low XOFBWP Price Change
0.02001732 0.02001732 0.02001732 0.02001732 0.00000000
Entry Signal

MarketClub’s Trade Triangles for XOFBWP

long term down The long-term trend has been DOWN since Nov 3rd, 2020 at 0.02043716

intermediate term down The intermediate-term trend has been DOWN since Aug 23rd, 2020 at 0.02110580

short term down The short-term trend has been DOWN since Nov 22nd, 2020 at 0.02006641

Smart Scan Analysis for XOFBWP

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

-100
Smart Scan Analysis for XOFBWP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.02001732 0.02001732 0.02001732 0.02001732 0.00000000
Prev. Close Volume Bid Ask Time
0.02001732 2020-11-26 21:00:34
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