Forex Trend Analysis Report
Prepared for you on Monday, May 25, 2020.
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.
MarketClub’s Trade Triangles for GBPXPF
The long-term trend has been DOWN since Mar 1st, 2020 at 138.75023
The intermediate-term trend has been UP since Apr 30th, 2020 at 138.90118
The short-term trend has been DOWN since May 11th, 2020 at 135.58552
Smart Scan Analysis for GBPXPF
Based on our trend formula, GBPXPF is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).