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Forex Trend Analysis Report

Prepared for you on Wednesday, March 3, 2021.

CFA Franc BCEAO/Botswana Pula (FOREX:XOFBWP)

Crossroads (+60) - XOFBWP is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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
0.02018913 0.02018913 0.02018913 0.02018913 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 up The intermediate-term trend has been UP since Mar 3rd, 2021 at 0.02016458

short term up The short-term trend has been UP since Feb 23rd, 2021 at 0.01999552

Smart Scan Analysis for XOFBWP

Based on our trend formula, XOFBWP is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for XOFBWP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.02018913 0.02018913 0.02018913 0.02018913 0.00000000
Prev. Close Volume Bid Ask Time
0.02018913 2021-03-03 07:30:01
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