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Forex Trend Analysis Report
Prepared for you on Tuesday, February 11, 2025.
British Pound/ (FOREX:GBPCDF)
Bear Market Rally (-75) - GBPCDF is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on GBPCDF as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid GBPCDF?
MarketClub looks at technical strength and momentum to determine if the timing is right for GBPCDF.
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 GBPCDF
The long-term trend has been DOWN since Nov 18th, 2024 at 3612.1118
The intermediate-term trend has been UP since Feb 5th, 2025 at 3546.6326
The short-term trend has been DOWN since Feb 6th, 2025 at 3545.0849
Smart Scan Analysis for GBPCDF
Based on our trend formula, GBPCDF is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 3558.3381 | 3558.3381 | 3558.3381 | 3558.3381 | 0.0000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 3536.4291 | 2025-02-09 03:15:50 |