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Forex Trend Analysis Report

Prepared for you on Saturday, February 27, 2021.

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
137.30048 137.30048 137.30048 137.30048 0.00000
Entry Signal

MarketClub’s Trade Triangles for GBPXPF

long term up The long-term trend has been UP since Jan 20th, 2021 at 135.55694

intermediate term up The intermediate-term trend has been UP since Dec 31st, 2020 at 133.92523

short term down The short-term trend has been DOWN since Feb 25th, 2021 at 137.93634

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
137.30048 137.30048 137.30048 137.30048 0.00000
Prev. Close Volume Bid Ask Time
137.30048 2021-02-27 07:30:30
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