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Forex Trend Analysis Report

Prepared for you on Tuesday, December 7, 2021.

British Pound/CFP Franc (FOREX:GBPXPF)

Countertrend Up (+85) - GBPXPF is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score 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
141.18272 141.30363 140.44220 141.28021 +0.09749
Entry Signal

MarketClub’s Trade Triangles for GBPXPF

long term up The long-term trend has been UP since Nov 18th, 2021 at 142.79688

intermediate term up The intermediate-term trend has been UP since Nov 18th, 2021 at 142.74849

short term up The short-term trend has been UP since Dec 6th, 2021 at 140.78780

Smart Scan Analysis for GBPXPF

Based on our trend formula, GBPXPF is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for GBPXPF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
141.18272 141.30363 140.44220 141.28021 +0.09749
Prev. Close Volume Bid Ask Time
141.18272 2021-12-07 23:33:00
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