Forex Trend Analysis Report
Prepared for you on Monday, October 18, 2021.
/British Pound (FOREX:CDFGBP)
Bull Market Weakness (+75) - CDFGBP is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on CDFGBP as it may be in the beginning stages of a reversal.
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.
MarketClub’s Trade Triangles for CDFGBP
The long-term trend has been UP since Jul 19th, 2021 at 0.00036677
The intermediate-term trend has been UP since Sep 22nd, 2021 at 0.00036599
The short-term trend has been UP since Sep 13th, 2021 at 0.00036445
Smart Scan Analysis for CDFGBP
Based on our trend formula, CDFGBP is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).