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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.

FOREX_XPFGBP
Open High Low XPFGBP Price Change
0.00719818 0.00719967 0.00719757 0.00719967 +0.00000100
Entry Signal

MarketClub’s Trade Triangles for XPFGBP

long term down The long-term trend has been DOWN since Oct 5th, 2022 at 0.00691988

intermediate term down The intermediate-term trend has been DOWN since Oct 4th, 2022 at 0.00716191

short term up 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).

-75
Smart Scan Analysis for XPFGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00719818 0.00719967 0.00719757 0.00719967 +0.00000100
Prev. Close Volume Bid Ask Time
0.00719818 2022-12-08 00:11:49
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