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Forex Trend Analysis Report

Prepared for you on Friday, May 9, 2025.

CFA Franc BCEAO/Namibian Dollar (FOREX:XOFNAD)

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

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.

FOREX_XOFNAD
Open High Low XOFNAD Price Change
0.03169171 0.03169171 0.03169171 0.03169171 0.00000000
Entry Signal

MarketClub’s Trade Triangles for XOFNAD

long term up The long-term trend has been UP since Jan 27th, 2025 at 0.02987742

intermediate term down The intermediate-term trend has been DOWN since May 2nd, 2025 at 0.03206643

short term down The short-term trend has been DOWN since Apr 28th, 2025 at 0.03237392

Smart Scan Analysis for XOFNAD

Based on our trend formula, XOFNAD is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for XOFNAD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.03169171 0.03169171 0.03169171 0.03169171 0.00000000
Prev. Close Volume Bid Ask Time
0.03131074 2025-05-07 07:25:21
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