Forex Trend Analysis Report
Prepared for you on Thursday, November 23, 2017.
CFP Franc/British Pound (FOREX:XPFGBP)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-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.
MarketClub’s Trade Triangles for XPFGBP
The long term trend has been DOWN since Nov 1st, 2017 at 0.007310
The intermediate term trend has been UP since Nov 14th, 2017 at 0.007520
The short term trend has been DOWN since Nov 20th, 2017 at 0.007445
Smart Scan Analysis for XPFGBP
Based on a pre-defined weighted trend formula for chart analysis, XPFGBP scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).