This character is a Other Symbol and is commonly used, that is, in no specific script. The character is also known as archery.
The glyph is not a composition. Its East Asian Width is wide. In bidirectional text it acts as Other Neutral. When changing direction it is not mirrored. U+1F3F9 offers a line break opportunity at its position, except in some numeric contexts.
The CLDR project calls this character “bow and arrow” for use in screen reading software. It assigns these additional labels, e.g. for search in emoji pickers: archer, archery, arrow, bow, Sagittarius, tool, weapon, zodiac.
This character is designated as an emoji. It will be rendered as colorful emoji on conforming platforms. To reduce it to a monochrome character, you can combine it with Variation Selector-15: 🏹︎ See the Emojipedia for more details on this character’s emoji properties.
The Wikipedia has the following information about this codepoint:
The bow and arrow is a ranged weapon system consisting of an elastic launching device (bow) and long-shafted projectiles (arrows). Humans used bows and arrows for hunting and aggression long before recorded history, and the practice was common to many prehistoric cultures. They were important weapons of war from ancient history until the early modern period, where they were rendered increasingly obsolete by the development of the more powerful and accurate firearms. Today, bows and arrows are mostly used for hunting and sports.
Archery is the art, practice, or skill of using bows to shoot arrows. A person who shoots arrows with a bow is called a bowman or an archer. Someone who makes bows is known as a bowyer, someone who makes arrows is a fletcher, and someone who manufactures metal arrowheads is an arrowsmith.