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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.

FOREX_CADGBP
Open High Low CADGBP Price Change
0.5865 0.5865 0.5865 0.5865 0.0000
Entry Signal

MarketClub’s Trade Triangles for CADGBP

long term down The long-term trend has been DOWN since Jan 5th, 2022 at 0.5782

intermediate term up The intermediate-term trend has been UP since Jan 17th, 2022 at 0.5855

short term up 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).

+60
Smart Scan Analysis for CADGBP
Strong Downtrend Sideways 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
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