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Forex Trend Analysis Report
Prepared for you on Thursday, May 8, 2025.
CFA Franc BCEAO/US Dollar (FOREX:XOFUSD)
Bull Market Weakness (+75) - XOFUSD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on XOFUSD as it may be in the beginning stages of a reversal.
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.
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MarketClub’s Trade Triangles for XOFUSD
The long-term trend has been UP since Mar 6th, 2025 at 0.00160886
The intermediate-term trend has been UP since Apr 6th, 2025 at 0.00166382
The short-term trend has been DOWN since May 2nd, 2025 at 0.00173258
Smart Scan Analysis for XOFUSD
Based on our trend formula, XOFUSD is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00173281 | 0.00173281 | 0.00173281 | 0.00173281 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00172253 | 2025-05-07 07:25:21 |