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Forex Trend Analysis Report

Prepared for you on Friday, October 22, 2021.

CFP Franc/British Pound (FOREX:XPFGBP)

Countertrend Down (-85) - XPFGBP is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

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
0.00704078 0.00705156 0.00703175 0.00703495 -0.00000600
Entry Signal

MarketClub’s Trade Triangles for XPFGBP

long term down The long-term trend has been DOWN since Jul 29th, 2021 at 0.00705237

intermediate term down The intermediate-term trend has been DOWN since Oct 7th, 2021 at 0.00708700

short term up The short-term trend has been UP since Oct 20th, 2021 at 0.00705903

Smart Scan Analysis for XPFGBP

Based on our trend formula, XPFGBP is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for XPFGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00704078 0.00705156 0.00703175 0.00703495 -0.00000600
Prev. Close Volume Bid Ask Time
0.00704078 2021-10-22 05:36:24
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