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Forex Trend Analysis Report

Prepared for you on Saturday, December 15, 2018.

British Pound/CFP Franc (FOREX:GBPXPF)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend 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.

FOREX_GBPXPF
Open High Low GBPXPF Price Change
133.275 133.275 133.275 133.275 0.000
Entry Signal

MarketClub’s Trade Triangles for GBPXPF

long term down The long term trend has been DOWN since Dec 10th, 2018 at 131.62

intermediate term down The intermediate term trend has been DOWN since Nov 30th, 2018 at 133.64

short term down The short term trend has been DOWN since Dec 12th, 2018 at 131.49

Smart Scan Analysis for GBPXPF

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

-100
Smart Scan Analysis for GBPXPF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
133.275 133.275 133.275 133.275 0.000
Prev. Close Volume Bid Ask Time
133.275 132.800 133.750 2018-12-15 18:21:52
Want to analyze British Pound/CFP Franc GBPXPF or another symbol? Try our Free Forex Trend Analysis Report.