Forex Trend Analysis Report
Prepared for you on Saturday, October 26, 2024.
CFA Franc BCEAO/US Dollar (FOREX:XOFUSD)
Weak Downtrend (-65) - XOFUSD is showing signs of a strengthening downtrend. Monitor XOFUSD as it may be building momentum to the downside.
Is it time to buy, sell, or avoid XOFUSD?
MarketClub looks at technical strength and momentum to determine if the timing is right for XOFUSD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
MarketClub’s Trade Triangles for XOFUSD
The long-term trend has been UP since Jul 15th, 2024 at 0.00166054
The intermediate-term trend has been DOWN since Sep 15th, 2024 at 0.00170435
The short-term trend has been DOWN since Oct 4th, 2024 at 0.00169504
Smart Scan Analysis for XOFUSD
Based on our trend formula, XOFUSD is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
0.00165063 | 0.00165063 | 0.00165063 | 0.00165063 | 0.00000000 |
Prev. Close | Volume | Bid | Ask | Time |
0.00164666 | 2024-10-22 07:25:24 |