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Forex Trend Analysis Report
Prepared for you on Saturday, May 4, 2024.
CFA Franc BCEAO/ (FOREX:XOFGHS)
Countertrend Up (+85) - XOFGHS is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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.
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MarketClub’s Trade Triangles for XOFGHS
The long-term trend has been UP since Nov 10th, 2023 at 0.01915065
The intermediate-term trend has been UP since Jan 26th, 2024 at 0.02020407
The short-term trend has been UP since Apr 18th, 2024 at 0.02183070
Smart Scan Analysis for XOFGHS
Based on our trend formula, XOFGHS is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.02228347 | 0.02228347 | 0.02228347 | 0.02228347 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.02247099 | 2024-05-01 21:07:16 |