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Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
/British Pound (FOREX:CDFGBP)
Strong Uptrend (+100) - CDFGBP is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, CDFGBP continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid CDFGBP?
MarketClub looks at technical strength and momentum to determine if the timing is right for CDFGBP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for CDFGBP
The long-term trend has been UP since Apr 17th, 2024 at 0.00028921
The intermediate-term trend has been UP since Mar 28th, 2024 at 0.00028405
The short-term trend has been UP since May 1st, 2024 at 0.00028710
Smart Scan Analysis for CDFGBP
Based on our trend formula, CDFGBP is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00028735 | 0.00028735 | 0.00028735 | 0.00028735 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00028735 | 2024-05-08 21:02:50 |