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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.
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MarketClub’s Trade Triangles for CDFGBP
The long-term trend has been DOWN since May 21st, 2020 at 0.00044973
The intermediate-term trend has been UP since Jun 14th, 2021 at 0.00035583
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).
| 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 |