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Forex Trend Analysis Report

Prepared for you on Sunday, June 26, 2022.

CFA Franc BCEAO/ (FOREX:XOFGHS)

Weak Downtrend (-65) - XOFGHS is showing signs of a strengthening downtrend. Monitor XOFGHS as it may be building momentum to the downside.

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
0.01275023 0.01275023 0.01275023 0.01275023 0.00000000
Entry Signal

MarketClub’s Trade Triangles for XOFGHS

long term up The long-term trend has been UP since Jan 13th, 2022 at 0.01080940

intermediate term down The intermediate-term trend has been DOWN since Jun 13th, 2022 at 0.01275465

short term down The short-term trend has been DOWN since Jun 13th, 2022 at 0.01275876

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).

-70
Smart Scan Analysis for XOFGHS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.01275023 0.01275023 0.01275023 0.01275023 0.00000000
Prev. Close Volume Bid Ask Time
0.01278895 2022-06-18 05:16:22
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