Forex Trend Analysis Report
Prepared for you on Thursday, December 8, 2022.
CFP Franc/British Pound (FOREX:XPFGBP)
Bear Market Rally (-75) - XPFGBP is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on XPFGBP as it may be in the beginning of a reversal.
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 DOWN since Oct 5th, 2022 at 0.00691988
The intermediate-term trend has been DOWN since Oct 4th, 2022 at 0.00716191
The short-term trend has been UP since Dec 5th, 2022 at 0.00718241
Smart Scan Analysis for XPFGBP
Based on our trend formula, XPFGBP is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).