Forex Trend Analysis Report
Prepared for you on Wednesday, September 26, 2018.
CFP Franc/British Pound (FOREX:XPFGBP)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight 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.
MarketClub’s Trade Triangles for XPFGBP
The long term trend has been DOWN since Sep 25th, 2018 at 0.007270
The intermediate term trend has been DOWN since Sep 10th, 2018 at 0.007456
The short term trend has been DOWN since Sep 25th, 2018 at 0.007437
Smart Scan Analysis for XPFGBP
Based on a pre-defined weighted trend formula for chart analysis, XPFGBP scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).