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Forex Trend Analysis Report

Prepared for you on Tuesday, October 19, 2021.

CFA Franc BCEAO/Botswana Pula (FOREX:XOFBWP)

Weak Downtrend (-65) - XOFBWP is showing signs of a strengthening downtrend. Monitor XOFBWP as it may be building momentum to the downside.

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.

FOREX_XOFBWP
Open High Low XOFBWP Price Change
0.01992417 0.01992417 0.01992417 0.01992417 0.00000000
Entry Signal

MarketClub’s Trade Triangles for XOFBWP

long term up The long-term trend has been UP since Aug 20th, 2021 at 0.02000345

intermediate term down The intermediate-term trend has been DOWN since Oct 10th, 2021 at 0.01991243

short term down The short-term trend has been DOWN since Oct 10th, 2021 at 0.02000009

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).

-70
Smart Scan Analysis for XOFBWP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.01992417 0.01992417 0.01992417 0.01992417 0.00000000
Prev. Close Volume Bid Ask Time
0.01983179 2021-10-12 07:14:15
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