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Forex Trend Analysis Report

Prepared for you on Tuesday, September 17, 2019.

British Pound/CFA Franc BEAC (FOREX:GBPXAF)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with money management stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_GBPXAF
Open High Low GBPXAF Price Change
740.7 740.7 740.7 740.7 0.0
Entry Signal

MarketClub’s Trade Triangles for GBPXAF

long term up The long term trend has been UP since Sep 16th, 2019 at 740.28

intermediate term up The intermediate term trend has been UP since Sep 5th, 2019 at 725.07

short term up The short term trend has been UP since Aug 18th, 2019 at 713.82

Smart Scan Analysis for GBPXAF

Based on a pre-defined weighted trend formula for chart analysis, GBPXAF scored +80 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+80
Smart Scan Analysis for GBPXAF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
740.7 740.7 740.7 740.7 0.0
Prev. Close Volume Bid Ask Time
740.7 740.7 740.7 2019-09-16 20:21:48
Want to analyze British Pound/CFA Franc BEAC GBPXAF or another symbol? Try our Free Forex Trend Analysis Report.