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Forex Trend Analysis Report
Prepared for you on Thursday, May 8, 2025.
British Pound/Canadian Dollar (FOREX:GBPCAD)
Long-Term Uptrend (+90) - GBPCAD is in a strong uptrend that is likely to continue. While GBPCAD is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid GBPCAD?
MarketClub looks at technical strength and momentum to determine if the timing is right for GBPCAD.
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 GBPCAD
The long-term trend has been UP since Dec 18th, 2024 at 1.822690
The intermediate-term trend has been UP since Apr 28th, 2025 at 1.853650
The short-term trend has been UP since May 6th, 2025 at 1.841615
Smart Scan Analysis for GBPCAD
Based on our trend formula, GBPCAD is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.844805 | 1.852760 | 1.838065 | 1.842605 | -0.002200 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.844805 | 2025-05-08 23:56:16 |