Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Saturday, April 21, 2018.

Canadian Dollar/British Pound (FOREX:CADGBP)

Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight stops.

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_CADGBP
Open High Low CADGBP Price Change
0.561185 0.561185 0.557415 0.557415 -0.003770
Entry Signal

MarketClub’s Trade Triangles for CADGBP

long term down The long term trend has been DOWN since Oct 25th, 2017 at 0.591600

intermediate term up The intermediate term trend has been UP since Apr 10th, 2018 at 0.560225

short term up The short term trend has been UP since Apr 18th, 2018 at 0.558500

Smart Scan Analysis for CADGBP

Based on a pre-defined weighted trend formula for chart analysis, CADGBP scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+60
Smart Scan Analysis for CADGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.561185 0.561185 0.557415 0.557415 -0.003770
Prev. Close Volume Bid Ask Time
0.561185 0.556140 0.558690 2018-04-21 18:48:54
Want to analyze Canadian Dollar/British Pound CADGBP or another symbol? Try our Free Forex Trend Analysis Report.