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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.

FOREX_CDFGBP
Open High Low CDFGBP Price Change
0.00037 0.00037 0.00037 0.00037 0.00000
Entry Signal

MarketClub’s Trade Triangles for CDFGBP

long term up The long-term trend has been UP since Jul 19th, 2021 at 0.00036677

intermediate term up The intermediate-term trend has been UP since Sep 22nd, 2021 at 0.00036599

short term up 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).

+70
Smart Scan Analysis for CDFGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00037 0.00037 0.00037 0.00037 0.00000
Prev. Close Volume Bid Ask Time
0.00037 2021-10-12 07:14:15
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