Forex Trend Analysis Report
Prepared for you on Saturday, May 30, 2020.
CFP Franc/British Pound (FOREX:XPFGBP)
Long-Term Uptrend (+90) - XPFGBP is in a strong uptrend that is likely to continue. While XPFGBP is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid XPFGBP?
MarketClub looks at technical strength and momentum to determine if the timing is right for XPFGBP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for XPFGBP
The long-term trend has been UP since Mar 1st, 2020 at 0.00720580
The intermediate-term trend has been UP since May 28th, 2020 at 0.00754854
The short-term trend has been UP since May 27th, 2020 at 0.00751473
Smart Scan Analysis for XPFGBP
Based on our trend formula, XPFGBP is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).