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Forex Trend Analysis Report
Prepared for you on Friday, May 30, 2025.
CFA Franc BCEAO/Chinese Yuan Renminbi (FOREX:XOFCNY)
Sidelines Mode (-55) - XOFCNY 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 XOFCNY?
MarketClub looks at technical strength and momentum to determine if the timing is right for XOFCNY.
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 XOFCNY
The long-term trend has been UP since Mar 6th, 2025 at 0.01168231
The intermediate-term trend has been DOWN since May 7th, 2025 at 0.01253022
The short-term trend has been UP since May 23rd, 2025 at 0.01241708
Smart Scan Analysis for XOFCNY
Based on our trend formula, XOFCNY is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.01250314 | 0.01252082 | 0.01250314 | 0.01252082 | +0.00001800 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.01244865 | 2025-05-26 21:00:08 |