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Forex Trend Analysis Report

Prepared for you on Monday, May 25, 2020.

Canadian Dollar/British Pound (FOREX:CADGBP)

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

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
0.5868 0.5876 0.5860 0.5865 -0.0003
Entry Signal

MarketClub’s Trade Triangles for CADGBP

long term up The long-term trend has been UP since Mar 18th, 2020 at 0.590815

intermediate term up The intermediate-term trend has been UP since May 7th, 2020 at 0.579320

short term down The short-term trend has been DOWN since May 21st, 2020 at 0.584715

Smart Scan Analysis for CADGBP

Based on our trend formula, CADGBP is rated as a +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
0.5868 0.5876 0.5860 0.5865 -0.0003
Prev. Close Volume Bid Ask Time
0.5868 0.5863 0.5867 2020-05-25 20:47:11
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