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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.

FOREX_GBPXPF
Open High Low GBPXPF Price Change
133.22753 133.30383 133.07196 133.26161 +0.03408
Entry Signal

MarketClub’s Trade Triangles for GBPXPF

long term down The long-term trend has been DOWN since Mar 1st, 2020 at 138.75023

intermediate term up The intermediate-term trend has been UP since Apr 30th, 2020 at 138.90118

short term down 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).

-65
Smart Scan Analysis for GBPXPF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
133.22753 133.30383 133.07196 133.26161 +0.03408
Prev. Close Volume Bid Ask Time
133.22753 133.26161 133.26161 2020-05-25 05:05:52
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