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Forex Trend Analysis Report

Prepared for you on Wednesday, September 19, 2018.

British Pound/CFP Franc (FOREX:GBPXPF)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines 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_GBPXPF
Open High Low GBPXPF Price Change
134.24 134.86 133.87 133.87 -0.37
Entry Signal

MarketClub’s Trade Triangles for GBPXPF

long term down The long term trend has been DOWN since May 15th, 2018 at 133.19

intermediate term up The intermediate term trend has been UP since Sep 10th, 2018 at 134.13

short term down The short term trend has been DOWN since Sep 19th, 2018 at 134.02

Smart Scan Analysis for GBPXPF

Based on a pre-defined weighted trend formula for chart analysis, GBPXPF scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-55
Smart Scan Analysis for GBPXPF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
134.24 134.86 133.87 133.87 -0.37
Prev. Close Volume Bid Ask Time
134.24 133.87 133.87 2018-09-19 08:58:57
Want to analyze British Pound/CFP Franc GBPXPF or another symbol? Try our Free Forex Trend Analysis Report.