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Forex Trend Analysis Report
Prepared for you on Sunday, January 23, 2022.
Canadian Dollar/British Pound (FOREX:CADGBP)
Crossroads (+60) - CADGBP 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 CADGBP?
MarketClub looks at technical strength and momentum to determine if the timing is right for CADGBP.
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 CADGBP
The long-term trend has been DOWN since Jan 5th, 2022 at 0.5782
The intermediate-term trend has been UP since Jan 17th, 2022 at 0.5855
The short-term trend has been UP since Jan 10th, 2022 at 0.5825
Smart Scan Analysis for CADGBP
Based on our trend formula, CADGBP is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.5865 | 0.5865 | 0.5865 | 0.5865 | 0.0000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.5865 | 2022-01-23 00:40:30 |