Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Wednesday, December 11, 2024.
British Pound/ (FOREX:GBPCDF)
Crossroads (-60) - GBPCDF 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 GBPCDF?
MarketClub looks at technical strength and momentum to determine if the timing is right for GBPCDF.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for GBPCDF
The long-term trend has been DOWN since Nov 18th, 2024 at 3612.1118
The intermediate-term trend has been UP since Dec 9th, 2024 at 3629.8791
The short-term trend has been UP since Dec 2nd, 2024 at 3611.0811
Smart Scan Analysis for GBPCDF
Based on our trend formula, GBPCDF is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 3652.3158 | 3652.3158 | 3650.1102 | 3650.1102 | -2.2056 |
| Prev. Close | Volume | Bid | Ask | Time |
| 3652.3158 | 2024-12-09 18:36:58 |