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Forex Trend Analysis Report

Prepared for you on Sunday, January 20, 2019.

CFP Franc/British Pound (FOREX:XPFGBP)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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_XPFGBP
Open High Low XPFGBP Price Change
0.007366 0.007417 0.007361 0.007416 +0.000050
Entry Signal

MarketClub’s Trade Triangles for XPFGBP

long term up The long term trend has been UP since Dec 10th, 2018 at 0.007597

intermediate term down The intermediate term trend has been DOWN since Jan 14th, 2019 at 0.007454

short term down The short term trend has been DOWN since Jan 13th, 2019 at 0.007486

Smart Scan Analysis for XPFGBP

Based on a pre-defined weighted trend formula for chart analysis, XPFGBP scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for XPFGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.007366 0.007417 0.007361 0.007416 +0.000050
Prev. Close Volume Bid Ask Time
0.007366 0.007416 0.007416 2019-01-20 22:31:52
Want to analyze CFP Franc/British Pound XPFGBP or another symbol? Try our Free Forex Trend Analysis Report.