Forex Trend Analysis Report
Prepared for you on Tuesday, June 2, 2020.
CFA Franc BCEAO/ (FOREX:XOFGHS)
Bull Market Weakness (+75) - XOFGHS is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on XOFGHS as it may be in the beginning stages of a reversal.
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.
MarketClub’s Trade Triangles for XOFGHS
The long-term trend has been UP since May 4th, 2020 at 0.00964774
The intermediate-term trend has been UP since Apr 29th, 2020 at 0.00958386
The short-term trend has been UP since May 13th, 2020 at 0.00953889
Smart Scan Analysis for XOFGHS
Based on our trend formula, XOFGHS is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).