Forex Trend Analysis Report
Prepared for you on Sunday, July 15, 2018.
CFP Franc/British Pound (FOREX:XPFGBP)
Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend 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 UP since May 15th, 2018 at 0.007510
The intermediate term trend has been UP since Jun 26th, 2018 at 0.007420
The short term trend has been DOWN since Jul 13th, 2018 at 0.007369
Smart Scan Analysis for XPFGBP
Based on a pre-defined weighted trend formula for chart analysis, XPFGBP scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).