Analyze Symbol
Forex Trend Analysis Report
Prepared for you on Saturday, September 21, 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.
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MarketClub’s Trade Triangles for GBPXAF
The long term trend has been UP since Sep 16th, 2019 at 740.28
The intermediate term trend has been UP since Sep 5th, 2019 at 725.07
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 743.79 | 743.79 | 743.79 | 743.79 | 0.00 |
| Prev. Close | Volume | Bid | Ask | Time |
| 743.79 | 743.79 | 743.79 | 2019-09-19 20:22:43 |