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Forex Trend Analysis Report

Prepared for you on Friday, March 22, 2019.

British Pound/CFA Franc BCEAO (FOREX:GBPXOF)

Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.

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_GBPXOF
Open High Low GBPXOF Price Change
757.18 757.18 757.18 757.18 0.00
Entry Signal

MarketClub’s Trade Triangles for GBPXOF

long term up The long term trend has been UP since Feb 19th, 2019 at 753.58

intermediate term up The intermediate term trend has been UP since Jan 13th, 2019 at 732.21

short term down The short term trend has been DOWN since Mar 10th, 2019 at 763.01

Smart Scan Analysis for GBPXOF

Based on a pre-defined weighted trend formula for chart analysis, GBPXOF scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+55
Smart Scan Analysis for GBPXOF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
757.18 757.18 757.18 757.18 0.00
Prev. Close Volume Bid Ask Time
757.18 757.18 757.18 2019-03-21 22:06:26
Want to analyze British Pound/CFA Franc BCEAO GBPXOF or another symbol? Try our Free Forex Trend Analysis Report.