Forex Trend Analysis Report
Prepared for you on Monday, March 18, 2024.
British Pound/CFP Franc (FOREX:GBPXPF)
Countertrend Down (-85) - GBPXPF is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid GBPXPF?
MarketClub looks at technical strength and momentum to determine if the timing is right for GBPXPF.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for GBPXPF
The long-term trend has been DOWN since Mar 14th, 2024 at 136.60496
The intermediate-term trend has been DOWN since Mar 14th, 2024 at 139.51730
The short-term trend has been UP since Mar 6th, 2024 at 146.65436
Smart Scan Analysis for GBPXPF
Based on our trend formula, GBPXPF is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
140.05727 | 140.27328 | 139.98423 | 140.12390 | +0.06663 |
Prev. Close | Volume | Bid | Ask | Time |
140.05727 | 2024-03-18 20:59:28 |