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Forex Trend Analysis Report

Prepared for you on Tuesday, June 19, 2018.

British Pound/CFP Franc (FOREX:GBPXPF)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with money management stops.

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
136.04 136.08 135.93 135.98 -0.06
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 down The intermediate term trend has been DOWN since Jun 14th, 2018 at 134.80

short term up The short term trend has been UP since Jun 15th, 2018 at 137.31

Smart Scan Analysis for GBPXPF

Based on a pre-defined weighted trend formula for chart analysis, GBPXPF scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-85
Smart Scan Analysis for GBPXPF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
136.04 136.08 135.93 135.98 -0.06
Prev. Close Volume Bid Ask Time
136.04 135.98 135.98 2018-06-19 02:44:25
Want to analyze British Pound/CFP Franc GBPXPF or another symbol? Try our Free Forex Trend Analysis Report.