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Forex Trend Analysis Report
Prepared for you on Tuesday, February 4, 2025.
CFA Franc BCEAO/ (FOREX:XOFGHS)
Sidelines Mode (+50) - XOFGHS is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until XOFGHS can gain momentum.
Is it time to buy, sell, or avoid XOFGHS?
MarketClub looks at technical strength and momentum to determine if the timing is right for XOFGHS.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for XOFGHS
The long-term trend has been DOWN since Nov 19th, 2024 at 0.02565869
The intermediate-term trend has been UP since Jan 22nd, 2025 at 0.02341465
The short-term trend has been UP since Jan 19th, 2025 at 0.02338416
Smart Scan Analysis for XOFGHS
Based on our trend formula, XOFGHS is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.02420128 | 0.02420128 | 0.02420128 | 0.02420128 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.02423330 | 2025-02-02 21:04:32 |