Forex Trend Analysis Report
Prepared for you on Monday, October 25, 2021.
Burundi Franc/US Dollar (FOREX:BIFUSD)
Crossroads (-60) - BIFUSD 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 BIFUSD?
MarketClub looks at technical strength and momentum to determine if the timing is right for BIFUSD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for BIFUSD
The long-term trend has been DOWN since Dec 21st, 2020 at 0.00051360
The intermediate-term trend has been UP since Oct 10th, 2021 at 0.00050301
The short-term trend has been UP since Oct 18th, 2021 at 0.00050356
Smart Scan Analysis for BIFUSD
Based on our trend formula, BIFUSD is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).