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Forex Trend Analysis Report

Prepared for you on Friday, May 9, 2025.

CFA Franc BCEAO/Chinese Yuan Renminbi (FOREX:XOFCNY)

Weak Downtrend (-65) - XOFCNY is showing signs of a strengthening downtrend. Monitor XOFCNY as it may be building momentum to the downside.

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.

FOREX_XOFCNY
Open High Low XOFCNY Price Change
0.0125052 0.0125052 0.0125052 0.0125052 0.0000000
Entry Signal

MarketClub’s Trade Triangles for XOFCNY

long term up The long-term trend has been UP since Mar 6th, 2025 at 0.01168231

intermediate term down The intermediate-term trend has been DOWN since May 7th, 2025 at 0.01253022

short term down The short-term trend has been DOWN since Apr 24th, 2025 at 0.01260937

Smart Scan Analysis for XOFCNY

Based on our trend formula, XOFCNY is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for XOFCNY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.0125052 0.0125052 0.0125052 0.0125052 0.0000000
Prev. Close Volume Bid Ask Time
0.0124462 2025-05-07 07:25:21
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