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Forex Trend Analysis Report

Prepared for you on Tuesday, March 21, 2023.

British Pound/CFP Franc (FOREX:GBPXPF)

Long-Term Uptrend (+90) - GBPXPF is in a strong uptrend that is likely to continue. While GBPXPF 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 GBPXPF?

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

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

FOREX_GBPXPF
Open High Low GBPXPF Price Change
137.61862 137.63718 137.11096 137.18301 -0.43561
Entry Signal

MarketClub’s Trade Triangles for GBPXPF

long term up The long-term trend has been UP since Oct 5th, 2022 at 144.51327

intermediate term up The intermediate-term trend has been UP since Mar 15th, 2023 at 137.11054

short term up The short-term trend has been UP since Mar 16th, 2023 at 137.18573

Smart Scan Analysis for GBPXPF

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

+90
Smart Scan Analysis for GBPXPF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
137.61862 137.63718 137.11096 137.18301 -0.43561
Prev. Close Volume Bid Ask Time
137.61862 2023-03-21 10:51:44
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