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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
CFA Franc BCEAO/Botswana Pula (FOREX:XOFBWP)
Sidelines Mode (-55) - XOFBWP is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement 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.
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MarketClub’s Trade Triangles for XOFBWP
The long-term trend has been DOWN since Jun 14th, 2024 at 0.02228042
The intermediate-term trend has been UP since Jul 15th, 2024 at 0.02243287
The short-term trend has been DOWN since Jul 26th, 2024 at 0.02242830
Smart Scan Analysis for XOFBWP
Based on our trend formula, XOFBWP is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.02242525 | 0.02242525 | 0.02242525 | 0.02242525 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.02242525 | 2024-07-26 14:00:15 |