Forex Trend Analysis Report
Prepared for you on Tuesday, March 19, 2024.
/British Pound (FOREX:CDFGBP)
Strong Downtrend (-100) - CDFGBP is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, CDFGBP continues to fall. Traders should use caution and set stops.
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.
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MarketClub’s Trade Triangles for CDFGBP
The long-term trend has been DOWN since Dec 6th, 2023 at 0.00031870
The intermediate-term trend has been DOWN since Feb 26th, 2024 at 0.00028728
The short-term trend has been DOWN since Feb 26th, 2024 at 0.00028731
Smart Scan Analysis for CDFGBP
Based on our trend formula, CDFGBP is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
0.00028282 | 0.00028282 | 0.00028282 | 0.00028282 | 0.00000000 |
Prev. Close | Volume | Bid | Ask | Time |
0.00028282 | 2024-03-18 08:26:00 |