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Forex Trend Analysis Report

Prepared for you on Monday, February 17, 2020.

CFA Franc BCEAO/ (FOREX:XOFGHS)

Strong Downtrend (-100) - XOFGHS is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid ?

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
0.00879753 0.00879753 0.00879753 0.00879753 0.00000000
Entry Signal

MarketClub’s Trade Triangles for XOFGHS

long term down The long-term trend has been DOWN since Feb 3rd, 2020 at 0.00919725

intermediate term down The intermediate-term trend has been DOWN since Jan 20th, 2020 at 0.00962045

short term down The short-term trend has been DOWN since Jan 8th, 2020 at 0.00969698

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
0.00879753 0.00879753 0.00879753 0.00879753 0.00000000
Prev. Close Volume Bid Ask Time
0.00879753 0.00879753 0.00879753 2020-02-16 21:04:34
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