Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Friday, May 30, 2025.
CFA Franc BCEAO/Namibian Dollar (FOREX:XOFNAD)
Sidelines Mode (-55) - XOFNAD is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid XOFNAD?
MarketClub looks at technical strength and momentum to determine if the timing is right for XOFNAD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for XOFNAD
The long-term trend has been UP since Jan 27th, 2025 at 0.02987742
The intermediate-term trend has been DOWN since May 2nd, 2025 at 0.03206643
The short-term trend has been UP since May 26th, 2025 at 0.03097032
Smart Scan Analysis for XOFNAD
Based on our trend formula, XOFNAD is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.03099502 | 0.03099502 | 0.03099502 | 0.03099502 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.03095233 | 2025-05-26 21:00:08 |