Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
/British Pound (FOREX:BTNGBP)
Weak Uptrend (+65) - BTNGBP is showing signs of weakening momentum to the upside. Monitor BTNGBP as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid BTNGBP?
MarketClub looks at technical strength and momentum to determine if the timing is right for BTNGBP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for BTNGBP
The long-term trend has been UP since Apr 15th, 2024 at 0.00959601
The intermediate-term trend has been UP since Apr 2nd, 2024 at 0.00950800
The short-term trend has been DOWN since May 7th, 2024 at 0.00954829
Smart Scan Analysis for BTNGBP
Based on our trend formula, BTNGBP is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00954666 | 0.00956602 | 0.00954666 | 0.00956602 | +0.00001900 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00958484 | 2024-05-07 21:05:08 |