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Forex Trend Analysis Report

Prepared for you on Sunday, January 20, 2019.

British Pound/CFA Franc BEAC (FOREX:GBPXAF)

Smart Scan Chart Analysis indicates that the upward trend for this market is at a crossroads and has possibly ended. Look for choppy trading conditions in the near term Trading Range Mode.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_GBPXAF
Open High Low GBPXAF Price Change
736.42 736.42 736.42 736.42 0.00
Entry Signal

MarketClub’s Trade Triangles for GBPXAF

long term down The long term trend has been DOWN since Dec 11th, 2018 at 728.07

intermediate term up The intermediate term trend has been UP since Jan 7th, 2019 at 730.10

short term up The short term trend has been UP since Jan 7th, 2019 at 729.97

Smart Scan Analysis for GBPXAF

Based on a pre-defined weighted trend formula for chart analysis, GBPXAF scored +50 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+50
Smart Scan Analysis for GBPXAF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
736.42 736.42 736.42 736.42 0.00
Prev. Close Volume Bid Ask Time
736.42 736.42 736.42 2019-01-14 20:59:12
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