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Forex Trend Analysis Report

Prepared for you on Saturday, December 21, 2024.

CFP Franc/British Pound (FOREX:XPFGBP)

Sidelines Mode (-55) - XPFGBP 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 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
0.00693342 0.00696179 0.00693342 0.00696179 +0.00002800
Entry Signal

MarketClub’s Trade Triangles for XPFGBP

long term down The long-term trend has been DOWN since Nov 7th, 2024 at 0.00691842

intermediate term down The intermediate-term trend has been DOWN since Nov 20th, 2024 at 0.00689289

short term up The short-term trend has been UP since Dec 18th, 2024 at 0.00698698

Smart Scan Analysis for XPFGBP

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

-55
Smart Scan Analysis for XPFGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00693342 0.00696179 0.00693342 0.00696179 +0.00002800
Prev. Close Volume Bid Ask Time
0.00693342 2024-12-21 08:51:22
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