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Forex Trend Analysis Report

Prepared for you on Tuesday, July 5, 2022.

/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.

FOREX_CDFGBP
Open High Low CDFGBP Price Change
0.00040736 0.00040736 0.00040736 0.00040736 0.00000000
Entry Signal

MarketClub’s Trade Triangles for CDFGBP

long term up The long-term trend has been UP since Apr 8th, 2022 at 0.00038298

intermediate term up The intermediate-term trend has been UP since Jun 14th, 2022 at 0.00040016

short term up The short-term trend has been UP since Jun 14th, 2022 at 0.00040016

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).

+80
Smart Scan Analysis for CDFGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00040736 0.00040736 0.00040736 0.00040736 0.00000000
Prev. Close Volume Bid Ask Time
0.00040736 2022-06-27 07:20:52
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