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Forex Trend Analysis Report

Prepared for you on Sunday, June 20, 2021.

/British Pound (FOREX:CDFGBP)

Sidelines Mode (+50) - CDFGBP is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until CDFGBP can gain momentum.

Is it time to buy, sell, or avoid CDFGBP?

MarketClub looks at technical strength and momentum to determine if the timing is right for CDFGBP.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_CDFGBP
Open High Low CDFGBP Price Change
0.00035629 0.00035629 0.00035629 0.00035629 0.00000000
Entry Signal

MarketClub’s Trade Triangles for CDFGBP

long term down The long-term trend has been DOWN since May 21st, 2020 at 0.00044973

intermediate term up The intermediate-term trend has been UP since Jun 14th, 2021 at 0.00035583

short term up The short-term trend has been UP since Jun 14th, 2021 at 0.00035583

Smart Scan Analysis for CDFGBP

Based on our trend formula, CDFGBP is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+50
Smart Scan Analysis for CDFGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00035629 0.00035629 0.00035629 0.00035629 0.00000000
Prev. Close Volume Bid Ask Time
0.00035629 2021-06-16 07:14:11
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