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Forex Trend Analysis Report

Prepared for you on Thursday, July 9, 2020.

US Dollar/Burundi Franc (FOREX:USDBIF)

Strong Uptrend (+100) - USDBIF is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, USDBIF continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

Is it time to buy, sell, or avoid USDBIF?

MarketClub looks at technical strength and momentum to determine if the timing is right for USDBIF.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_USDBIF
Open High Low USDBIF Price Change
1924.846 1924.846 1924.846 1924.846 0.000
Entry Signal

MarketClub’s Trade Triangles for USDBIF

long term up The long-term trend has been UP since Apr 1st, 2020 at 1901.3021

intermediate term up The intermediate-term trend has been UP since Jun 8th, 2020 at 1910.5000

short term up The short-term trend has been UP since Jun 5th, 2020 at 1910.0000

Smart Scan Analysis for USDBIF

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

+100
Smart Scan Analysis for USDBIF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1924.846 1924.846 1924.846 1924.846 0.000
Prev. Close Volume Bid Ask Time
1924.846 1900.031 1949.661 2020-07-08 07:12:57
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