Forex Trend Analysis Report
Prepared for you on Saturday, February 16, 2019.
British Pound/CFP Franc (FOREX:GBPXPF)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight 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.
MarketClub’s Trade Triangles for GBPXPF
The long term trend has been UP since Jan 24th, 2019 at 138.48
The intermediate term trend has been UP since Jan 14th, 2019 at 134.16
The short term trend has been DOWN since Feb 15th, 2019 at 135.08
Smart Scan Analysis for GBPXPF
Based on a pre-defined weighted trend formula for chart analysis, GBPXPF scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).