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Forex Trend Analysis Report

Prepared for you on Thursday, December 26, 2024.

British Pound/CFA Franc BEAC (FOREX:GBPXAF)

Weak Uptrend (+65) - GBPXAF is showing signs of weakening momentum to the upside. Monitor GBPXAF as it may be in the beginning stages of a reversal.

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
789.3776 789.3776 789.3776 789.3776 0.0000
Entry Signal

MarketClub’s Trade Triangles for GBPXAF

long term up The long-term trend has been UP since Jan 26th, 2024 at 766.8021

intermediate term up The intermediate-term trend has been UP since Dec 4th, 2024 at 788.8318

short term down The short-term trend has been DOWN since Dec 21st, 2024 at 790.7384

Smart Scan Analysis for GBPXAF

Based on our trend formula, GBPXAF is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for GBPXAF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
789.3776 789.3776 789.3776 789.3776 0.0000
Prev. Close Volume Bid Ask Time
803.9181 2024-12-21 08:23:56
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