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Forex Trend Analysis Report

Prepared for you on Thursday, May 28, 2020.

British Pound/ (FOREX:GBPCDF)

Bull Market Weakness (+75) - GBPCDF is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on GBPCDF as it may be in the beginning stages of a reversal.

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
2229.9984 2229.9984 2229.9984 2229.9984 0.0000
Entry Signal

MarketClub’s Trade Triangles for GBPCDF

long term up The long-term trend has been UP since May 21st, 2020 at 2223.9181

intermediate term up The intermediate-term trend has been UP since May 20th, 2020 at 2206.3317

short term up The short-term trend has been UP since May 20th, 2020 at 2206.3317

Smart Scan Analysis for GBPCDF

Based on our trend formula, GBPCDF is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for GBPCDF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2229.9984 2229.9984 2229.9984 2229.9984 0.0000
Prev. Close Volume Bid Ask Time
2229.9984 2202.0044 2257.9923 2020-05-25 21:04:40
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