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Forex Trend Analysis Report
Prepared for you on Friday, May 9, 2025.
Canadian Dollar/British Pound (FOREX:CADGBP)
Weak Downtrend (-65) - CADGBP is showing signs of a strengthening downtrend. Monitor CADGBP as it may be building momentum to the downside.
Is it time to buy, sell, or avoid CADGBP?
MarketClub looks at technical strength and momentum to determine if the timing is right for CADGBP.
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 CADGBP
The long-term trend has been UP since Dec 25th, 2024 at 0.57209
The intermediate-term trend has been DOWN since Apr 28th, 2025 at 0.53930
The short-term trend has been DOWN since May 6th, 2025 at 0.54300
Smart Scan Analysis for CADGBP
Based on our trend formula, CADGBP is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.542675 | 0.543200 | 0.541000 | 0.541355 | -0.001320 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.542675 | 2025-05-09 07:44:54 |