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Forex Trend Analysis Report

Prepared for you on Saturday, November 27, 2021.

US Dollar/Burundi Franc (FOREX:USDBIF)

Countertrend Up (+85) - USDBIF is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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
1991.9127 1998.0000 1991.9127 1998.0000 +6.0873
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 Oct 19th, 2021 at 1999.0000

short term down The short-term trend has been DOWN since Nov 26th, 2021 at 1993.8351

Smart Scan Analysis for USDBIF

Based on our trend formula, USDBIF is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for USDBIF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1991.9127 1998.0000 1991.9127 1998.0000 +6.0873
Prev. Close Volume Bid Ask Time
1991.9127 2021-11-26 11:59:27
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