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Forex Trend Analysis Report

Prepared for you on Monday, February 17, 2020.

/British Pound (FOREX:CDFGBP)

Crossroads (-60) - CDFGBP is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid ?

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
0.00045756 0.00045756 0.00045619 0.00045619 -0.00000100
Entry Signal

MarketClub’s Trade Triangles for CDFGBP

long term down The long-term trend has been DOWN since Oct 17th, 2019 at 0.00047800

intermediate term up The intermediate-term trend has been UP since Jan 20th, 2020 at 0.00045457

short term up The short-term trend has been UP since Feb 4th, 2020 at 0.00045295

Smart Scan Analysis for CDFGBP

Based on our trend formula, CDFGBP is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for CDFGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00045756 0.00045756 0.00045619 0.00045619 -0.00000100
Prev. Close Volume Bid Ask Time
0.00045313 0.00045004 0.00046235 2020-02-10 21:01:17
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