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Forex Trend Analysis Report

Prepared for you on Saturday, April 4, 2020.

Burundi Franc/US Dollar (FOREX:BIFUSD)

Sidelines Mode (+55) - BIFUSD is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement 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.

FOREX_BIFUSD
Open High Low BIFUSD Price Change
0.00052908 0.00052908 0.00052908 0.00052908 0.00000000
Entry Signal

MarketClub’s Trade Triangles for BIFUSD

long term up The long-term trend has been UP since Mar 29th, 2020 at 0.00053438

intermediate term up The intermediate-term trend has been UP since Mar 29th, 2020 at 0.00053039

short term down The short-term trend has been DOWN since Mar 31st, 2020 at 0.00052852

Smart Scan Analysis for BIFUSD

Based on our trend formula, BIFUSD is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for BIFUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00052908 0.00052908 0.00052908 0.00052908 0.00000000
Prev. Close Volume Bid Ask Time
0.00052908 0.00052191 0.00053624 2020-04-01 07:17:55
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