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Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
/British Pound (FOREX:CDFGBP)
Countertrend Up (+85) - CDFGBP is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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.
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MarketClub’s Trade Triangles for CDFGBP
The long-term trend has been UP since Nov 18th, 2024 at 0.00027686
The intermediate-term trend has been UP since Oct 4th, 2024 at 0.00026679
The short-term trend has been UP since Nov 14th, 2024 at 0.00027264
Smart Scan Analysis for CDFGBP
Based on our trend formula, CDFGBP is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00027807 | 0.00027807 | 0.00027807 | 0.00027807 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00027807 | 2024-11-18 13:11:45 |