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Forex Trend Analysis Report

Prepared for you on Friday, May 30, 2025.

British Pound/CFA Franc BCEAO (FOREX:GBPXOF)

Sidelines Mode (+50) - GBPXOF is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until GBPXOF can gain momentum.

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

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

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

FOREX_GBPXOF
Open High Low GBPXOF Price Change
781.5665 781.5665 781.5292 781.5292 -0.0373
Entry Signal

MarketClub’s Trade Triangles for GBPXOF

long term down The long-term trend has been DOWN since Apr 6th, 2025 at 776.2070

intermediate term up The intermediate-term trend has been UP since May 11th, 2025 at 772.5503

short term up The short-term trend has been UP since Apr 24th, 2025 at 765.7458

Smart Scan Analysis for GBPXOF

Based on our trend formula, GBPXOF is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+50
Smart Scan Analysis for GBPXOF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
781.5665 781.5665 781.5292 781.5292 -0.0373
Prev. Close Volume Bid Ask Time
782.1629 2025-05-26 21:00:08
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