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Forex Trend Analysis Report

Prepared for you on Friday, November 16, 2018.

CFP Franc/British Pound (FOREX:XPFGBP)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with 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.

FOREX_XPFGBP
Open High Low XPFGBP Price Change
0.007430 0.007434 0.007337 0.007351 -0.000079
Entry Signal

MarketClub’s Trade Triangles for XPFGBP

long term down The long term trend has been DOWN since Sep 25th, 2018 at 0.007270

intermediate term down The intermediate term trend has been DOWN since Nov 6th, 2018 at 0.007269

short term up The short term trend has been UP since Nov 15th, 2018 at 0.007402

Smart Scan Analysis for XPFGBP

Based on a pre-defined weighted trend formula for chart analysis, XPFGBP scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-85
Smart Scan Analysis for XPFGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.007430 0.007434 0.007337 0.007351 -0.000079
Prev. Close Volume Bid Ask Time
0.007430 0.007325 0.007377 2018-11-16 13:11:25
Want to analyze CFP Franc/British Pound XPFGBP or another symbol? Try our Free Forex Trend Analysis Report.