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Forex Trend Analysis Report

Prepared for you on Wednesday, October 16, 2019.

CFP Franc/British Pound (FOREX:XPFGBP)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_XPFGBP
Open High Low XPFGBP Price Change
0.007212 0.007283 0.007193 0.007193 -0.000019
Entry Signal

MarketClub’s Trade Triangles for XPFGBP

long term down The long term trend has been DOWN since Sep 19th, 2019 at 0.007348

intermediate term down The intermediate term trend has been DOWN since Sep 17th, 2019 at 0.007375

short term down The short term trend has been DOWN since Oct 11th, 2019 at 0.007437

Smart Scan Analysis for XPFGBP

Based on a pre-defined weighted trend formula for chart analysis, XPFGBP scored -100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-100
Smart Scan Analysis for XPFGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.007212 0.007283 0.007193 0.007193 -0.000019
Prev. Close Volume Bid Ask Time
0.007212 0.007168 0.007218 2019-10-16 22:11:25
Want to analyze CFP Franc/British Pound XPFGBP or another symbol? Try our Free Forex Trend Analysis Report.