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Forex Trend Analysis Report

Prepared for you on Sunday, March 7, 2021.

US Dollar/Burundi Franc (FOREX:USDBIF)

Sidelines Mode (+55) - USDBIF 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 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
1944.6936 1944.6936 1944.6936 1944.6936 0.0000
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 down The intermediate-term trend has been DOWN since Feb 7th, 2021 at 1939.4441

short term up The short-term trend has been UP since Feb 19th, 2021 at 1960.0000

Smart Scan Analysis for USDBIF

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

+55
Smart Scan Analysis for USDBIF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1944.6936 1944.6936 1944.6936 1944.6936 0.0000
Prev. Close Volume Bid Ask Time
1944.6936 2021-03-04 07:36:16
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