Forex Trend Analysis Report
Prepared for you on Monday, March 20, 2023.
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.
MarketClub’s Trade Triangles for XPFGBP
The long-term trend has been DOWN since Oct 5th, 2022 at 0.00691988
The intermediate-term trend has been DOWN since Mar 15th, 2023 at 0.00729350
The short-term trend has been UP since Mar 15th, 2023 at 0.00741010
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).