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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.
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MarketClub’s Trade Triangles for GBPXAF
The long-term trend has been UP since Jan 21st, 2021 at 738.2455
The intermediate-term trend has been UP since Jan 4th, 2021 at 729.8223
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).
| 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 |