Forex Trend Analysis Report
Prepared for you on Friday, December 15, 2017.
British Pound/CFP Franc (FOREX:GBPXPF)
Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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.
MarketClub’s Trade Triangles for GBPXPF
The long term trend has been UP since Nov 1st, 2017 at 136.885
The intermediate term trend has been UP since Nov 30th, 2017 at 136.165
The short term trend has been UP since Dec 13th, 2017 at 136.000
Smart Scan Analysis for GBPXPF
Based on a pre-defined weighted trend formula for chart analysis, GBPXPF scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).