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Forex Trend Analysis Report

Prepared for you on Sunday, October 17, 2021.

CFA Franc BCEAO/ (FOREX:XOFGHS)

Crossroads (-60) - XOFGHS is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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
0.01068317 0.01068317 0.01068317 0.01068317 0.00000000
Entry Signal

MarketClub’s Trade Triangles for XOFGHS

long term up The long-term trend has been UP since May 31st, 2021 at 0.01075955

intermediate term down The intermediate-term trend has been DOWN since Oct 1st, 2021 at 0.01076839

short term down The short-term trend has been DOWN since Sep 9th, 2021 at 0.01089294

Smart Scan Analysis for XOFGHS

Based on our trend formula, XOFGHS is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for XOFGHS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.01068317 0.01068317 0.01068317 0.01068317 0.00000000
Prev. Close Volume Bid Ask Time
0.01073958 2021-10-12 07:14:15
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