Forex Trend Analysis Report
Prepared for you on Saturday, April 4, 2020.
CFA Franc BCEAO/Botswana Pula (FOREX:XOFBWP)
Bull Market Weakness (+75) - XOFBWP is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on XOFBWP as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid XOFBWP?
MarketClub looks at technical strength and momentum to determine if the timing is right for XOFBWP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for XOFBWP
The long-term trend has been UP since Mar 5th, 2020 at 0.01841645
The intermediate-term trend has been UP since Feb 27th, 2020 at 0.01841157
The short-term trend has been UP since Feb 24th, 2020 at 0.01813854
Smart Scan Analysis for XOFBWP
Based on our trend formula, XOFBWP is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).