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Forex Trend Analysis Report

Prepared for you on Friday, February 26, 2021.

British Pound/CFA Franc BEAC (FOREX:GBPXAF)

Long-Term Uptrend (+90) - GBPXAF is in a strong uptrend that is likely to continue. While GBPXAF is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

Is it time to buy, sell, or avoid GBPXAF?

MarketClub looks at technical strength and momentum to determine if the timing is right for GBPXAF.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_GBPXAF
Open High Low GBPXAF Price Change
758.4984 758.4984 758.4984 758.4984 0.0000
Entry Signal

MarketClub’s Trade Triangles for GBPXAF

long term up The long-term trend has been UP since Jan 21st, 2021 at 738.2455

intermediate term up The intermediate-term trend has been UP since Jan 4th, 2021 at 729.8223

short term up The short-term trend has been UP since Feb 14th, 2021 at 748.6342

Smart Scan Analysis for GBPXAF

Based on our trend formula, GBPXAF is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for GBPXAF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
758.4984 758.4984 758.4984 758.4984 0.0000
Prev. Close Volume Bid Ask Time
758.4984 2021-02-25 07:31:43
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