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Forex Trend Analysis Report

Prepared for you on Tuesday, December 3, 2024.

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
0.02190845 0.02190845 0.02190845 0.02190845 0.00000000
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 up The intermediate-term trend has been UP since Nov 19th, 2024 at 0.02189930

short term up The short-term trend has been UP since Nov 20th, 2024 at 0.02190692

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
0.02190845 0.02190845 0.02190845 0.02190845 0.00000000
Prev. Close Volume Bid Ask Time
0.02190845 2024-12-01 21:06:28
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