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Forex Trend Analysis Report

Prepared for you on Tuesday, June 2, 2020.

/British Pound (FOREX:CDFGBP)

Strong Downtrend (-100) - CDFGBP is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.

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.

FOREX_CDFGBP
Open High Low CDFGBP Price Change
0.00044850 0.00044850 0.00044850 0.00044850 0.00000000
Entry Signal

MarketClub’s Trade Triangles for CDFGBP

long term down The long-term trend has been DOWN since May 21st, 2020 at 0.00044973

intermediate term down The intermediate-term trend has been DOWN since May 20th, 2020 at 0.00045332

short term down The short-term trend has been DOWN since May 20th, 2020 at 0.00045332

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).

-100
Smart Scan Analysis for CDFGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00044850 0.00044850 0.00044850 0.00044850 0.00000000
Prev. Close Volume Bid Ask Time
0.00044323 0.00044287 0.00045413 2020-05-25 21:04:40
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