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Forex Trend Analysis Report

Prepared for you on Wednesday, November 20, 2024.

CFP Franc/British Pound (FOREX:XPFGBP)

Bull Market Weakness (+75) - XPFGBP is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on XPFGBP as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid XPFGBP?

MarketClub looks at technical strength and momentum to determine if the timing is right for XPFGBP.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_XPFGBP
Open High Low XPFGBP Price Change
0.00700579 0.00700930 0.00699188 0.00700375 -0.00000200
Entry Signal

MarketClub’s Trade Triangles for XPFGBP

long term down The long-term trend has been DOWN since Nov 7th, 2024 at 0.00691842

intermediate term up The intermediate-term trend has been UP since Nov 8th, 2024 at 0.00710377

short term up The short-term trend has been UP since Nov 8th, 2024 at 0.00710377

Smart Scan Analysis for XPFGBP

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

+70
Smart Scan Analysis for XPFGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00700579 0.00700930 0.00699188 0.00700375 -0.00000200
Prev. Close Volume Bid Ask Time
0.00700579 2024-11-20 03:20:52
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