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Forex Trend Analysis Report
Prepared for you on Saturday, February 22, 2025.
CFA Franc BCEAO/South African Rand (FOREX:XOFZAR)
Crossroads (-60) - XOFZAR is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid XOFZAR?
MarketClub looks at technical strength and momentum to determine if the timing is right for XOFZAR.
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 XOFZAR
The long-term trend has been UP since Jan 27th, 2025 at 0.03001554
The intermediate-term trend has been DOWN since Feb 6th, 2025 at 0.02925632
The short-term trend has been DOWN since Feb 19th, 2025 at 0.02928011
Smart Scan Analysis for XOFZAR
Based on our trend formula, XOFZAR is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.02932997 | 0.02932997 | 0.02932997 | 0.02932997 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.02932997 | 2025-02-22 01:41:05 |