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Forex Trend Analysis Report

Prepared for you on Sunday, June 16, 2024.

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, XOFBWP 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
0.0222042 0.0222042 0.0222042 0.0222042 0.0000000
Entry Signal

MarketClub’s Trade Triangles for XOFBWP

long term down The long-term trend has been DOWN since Jun 14th, 2024 at 0.02228042

intermediate term down The intermediate-term trend has been DOWN since Jun 14th, 2024 at 0.02232616

short term down The short-term trend has been DOWN since Jun 10th, 2024 at 0.02275911

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
0.0222042 0.0222042 0.0222042 0.0222042 0.0000000
Prev. Close Volume Bid Ask Time
0.0222042 2024-06-15 17:06:47
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