Forex Trend Analysis Report
Prepared for you on Saturday, May 4, 2024.
British Pound/CFA Franc BEAC (FOREX:GBPXAF)
Long-Term Uptrend (+90) - GBPXAF is in a strong uptrend that is likely to continue. While GBPXAF is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid GBPXAF?
MarketClub looks at technical strength and momentum to determine if the timing is right for GBPXAF.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
MarketClub’s Trade Triangles for GBPXAF
The long-term trend has been UP since Jan 26th, 2024 at 766.8021
The intermediate-term trend has been UP since Apr 29th, 2024 at 767.8433
The short-term trend has been UP since Apr 26th, 2024 at 763.7487
Smart Scan Analysis for GBPXAF
Based on our trend formula, GBPXAF is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
766.8424 | 766.8424 | 766.8424 | 766.8424 | 0.0000 |
Prev. Close | Volume | Bid | Ask | Time |
766.3497 | 2024-05-02 07:26:26 |