Forex Trend Analysis Report
Prepared for you on Tuesday, September 28, 2021.
British Pound/CFP Franc (FOREX:GBPXPF)
Crossroads (-60) - GBPXPF is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid GBPXPF?
MarketClub looks at technical strength and momentum to determine if the timing is right for GBPXPF.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for GBPXPF
The long-term trend has been UP since Jul 29th, 2021 at 141.79832
The intermediate-term trend has been DOWN since Sep 20th, 2021 at 139.53985
The short-term trend has been DOWN since Sep 28th, 2021 at 139.32999
Smart Scan Analysis for GBPXPF
Based on our trend formula, GBPXPF is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).