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Forex Trend Analysis Report

Prepared for you on Monday, November 30, 2020.

British Pound/CFP Franc (FOREX:GBPXPF)

Sidelines Mode (+55) - GBPXPF is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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
133.71570 134.14691 133.37506 133.47905 -0.23665
Entry Signal

MarketClub’s Trade Triangles for GBPXPF

long term up The long-term trend has been UP since Nov 5th, 2020 at 134.75553

intermediate term up The intermediate-term trend has been UP since Oct 14th, 2020 at 132.99847

short term down The short-term trend has been DOWN since Nov 26th, 2020 at 134.20387

Smart Scan Analysis for GBPXPF

Based on our trend formula, GBPXPF is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for GBPXPF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
133.71570 134.14691 133.37506 133.47905 -0.23665
Prev. Close Volume Bid Ask Time
133.71570 2020-11-30 18:23:51
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