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Forex Trend Analysis Report

Prepared for you on Sunday, July 14, 2024.

British Pound/CFP Franc (FOREX:GBPXPF)

Weak Downtrend (-65) - GBPXPF is showing signs of a strengthening downtrend. Monitor GBPXPF as it may be building momentum to the downside.

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
138.69714 142.03320 138.69714 142.02215 +3.32501
Entry Signal

MarketClub’s Trade Triangles for GBPXPF

long term down The long-term trend has been DOWN since Mar 14th, 2024 at 136.60496

intermediate term down The intermediate-term trend has been DOWN since Jul 14th, 2024 at 140.14795

short term down The short-term trend has been DOWN since Jul 14th, 2024 at 141.06127

Smart Scan Analysis for GBPXPF

Based on our trend formula, GBPXPF is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for GBPXPF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
138.69714 142.03320 138.69714 142.02215 +3.32501
Prev. Close Volume Bid Ask Time
138.69714 2024-07-14 22:24:12
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