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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.

FOREX_BIFUSD
Open High Low BIFUSD Price Change
0.0005029 0.0005029 0.0005029 0.0005029 0.0000000
Entry Signal

MarketClub’s Trade Triangles for BIFUSD

long term down The long-term trend has been DOWN since Dec 21st, 2020 at 0.00051360

intermediate term up The intermediate-term trend has been UP since Oct 10th, 2021 at 0.00050301

short term up 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).

-60
Smart Scan Analysis for BIFUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.0005029 0.0005029 0.0005029 0.0005029 0.0000000
Prev. Close Volume Bid Ask Time
0.0005032 2021-10-19 07:16:42
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