Forex Trend Analysis Report
Prepared for you on Monday, May 10, 2021.
Burundi Franc/US Dollar (FOREX:BIFUSD)
Strong Downtrend (-100) - BIFUSD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
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 DOWN since Apr 18th, 2021 at 0.00051247
The short-term trend has been DOWN since Apr 7th, 2021 at 0.00051356
Smart Scan Analysis for BIFUSD
Based on our trend formula, BIFUSD is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).