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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.

FOREX_XOFGHS
Open High Low XOFGHS Price Change
0.00971573 0.00971573 0.00971573 0.00971573 0.00000000
Entry Signal

MarketClub’s Trade Triangles for XOFGHS

long term up The long-term trend has been UP since May 4th, 2020 at 0.00964774

intermediate term up The intermediate-term trend has been UP since Apr 29th, 2020 at 0.00958386

short term up 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).

+70
Smart Scan Analysis for XOFGHS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00971573 0.00971573 0.00971573 0.00971573 0.00000000
Prev. Close Volume Bid Ask Time
0.00970155 0.00971573 0.00971573 2020-05-28 21:09:25
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