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Forex Trend Analysis Report

Prepared for you on Friday, July 26, 2024.

CFA Franc BCEAO/ (FOREX:XOFGHS)

Strong Uptrend (+100) - XOFGHS is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, XOFGHS continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

Is it time to buy, sell, or avoid XOFGHS?

MarketClub looks at technical strength and momentum to determine if the timing is right for XOFGHS.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_XOFGHS
Open High Low XOFGHS Price Change
0.0256526 0.0256526 0.0256526 0.0256526 0.0000000
Entry Signal

MarketClub’s Trade Triangles for XOFGHS

long term up The long-term trend has been UP since Nov 10th, 2023 at 0.01915065

intermediate term up The intermediate-term trend has been UP since Jan 26th, 2024 at 0.02020407

short term up The short-term trend has been UP since Jul 26th, 2024 at 0.02564193

Smart Scan Analysis for XOFGHS

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

+100
Smart Scan Analysis for XOFGHS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.0256526 0.0256526 0.0256526 0.0256526 0.0000000
Prev. Close Volume Bid Ask Time
0.0256526 2024-07-26 14:00:15
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