Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Monday, July 4, 2022.

British Pound/ (FOREX:GBPCDF)

Strong Downtrend (-100) - GBPCDF is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, GBPCDF continues to fall. Traders should use caution and set stops.

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.

FOREX_GBPCDF
Open High Low GBPCDF Price Change
2455.1469 2455.1469 2455.1469 2455.1469 0.0000
Entry Signal

MarketClub’s Trade Triangles for GBPCDF

long term down The long-term trend has been DOWN since Apr 8th, 2022 at 2611.4520

intermediate term down The intermediate-term trend has been DOWN since Jun 14th, 2022 at 2499.3736

short term down The short-term trend has been DOWN since Jun 14th, 2022 at 2499.3736

Smart Scan Analysis for GBPCDF

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

-100
Smart Scan Analysis for GBPCDF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2455.1469 2455.1469 2455.1469 2455.1469 0.0000
Prev. Close Volume Bid Ask Time
2455.1469 2022-06-27 07:20:52
Get a free daily analysis and signals for British Pound/ (GBPCDF) - Request Your Free Report.