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Forex Trend Analysis Report

Prepared for you on Tuesday, May 7, 2024.

CFP Franc/British Pound (FOREX:XPFGBP)

Strong Uptrend (+100) - XPFGBP is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, XPFGBP continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

Is it time to buy, sell, or avoid XPFGBP?

MarketClub looks at technical strength and momentum to determine if the timing is right for XPFGBP.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_XPFGBP
Open High Low XPFGBP Price Change
0.00717121 0.00718337 0.00717076 0.00718175 +0.00001100
Entry Signal

MarketClub’s Trade Triangles for XPFGBP

long term up The long-term trend has been UP since Mar 14th, 2024 at 0.00732052

intermediate term up The intermediate-term trend has been UP since Apr 16th, 2024 at 0.00718741

short term up The short-term trend has been UP since May 7th, 2024 at 0.00717908

Smart Scan Analysis for XPFGBP

Based on our trend formula, XPFGBP is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+100
Smart Scan Analysis for XPFGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00717121 0.00718337 0.00717076 0.00718175 +0.00001100
Prev. Close Volume Bid Ask Time
0.00717121 2024-05-07 03:40:28
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