Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Thursday, February 21, 2019.

Canadian Dollar/British Pound (FOREX:CADGBP)

Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with tight money management stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_CADGBP
Open High Low CADGBP Price Change
0.582075 0.582325 0.579400 0.579885 -0.002190
Entry Signal

MarketClub’s Trade Triangles for CADGBP

long term down The long term trend has been DOWN since Dec 24th, 2018 at 0.578700

intermediate term up The intermediate term trend has been UP since Feb 14th, 2019 at 0.588705

short term down The short term trend has been DOWN since Feb 17th, 2019 at 0.584100

Smart Scan Analysis for CADGBP

Based on a pre-defined weighted trend formula for chart analysis, CADGBP scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-75
Smart Scan Analysis for CADGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.582075 0.582325 0.579400 0.579885 -0.002190
Prev. Close Volume Bid Ask Time
0.582075 0.579840 0.579930 2019-02-21 15:57:04
Want to analyze Canadian Dollar/British Pound CADGBP or another symbol? Try our Free Forex Trend Analysis Report.