Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Sunday, July 12, 2020.

British Pound/CFP Franc (FOREX:GBPXPF)

Sidelines Mode (-55) - GBPXPF is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement 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.

FOREX_GBPXPF
Open High Low GBPXPF Price Change
133.48294 134.00579 133.47289 133.76763 +0.28469
Entry Signal

MarketClub’s Trade Triangles for GBPXPF

long term down The long-term trend has been DOWN since Mar 1st, 2020 at 138.75023

intermediate term down The intermediate-term trend has been DOWN since Jun 12th, 2020 at 132.08228

short term up The short-term trend has been UP since Jul 8th, 2020 at 134.03814

Smart Scan Analysis for GBPXPF

Based on our trend formula, GBPXPF is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for GBPXPF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
133.48294 134.00579 133.47289 133.76763 +0.28469
Prev. Close Volume Bid Ask Time
133.48294 133.32490 134.21036 2020-07-12 21:19:47
Get a free daily analysis and signals for British Pound/CFP Franc (GBPXPF) - Request Your Free Report.