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Forex Trend Analysis Report

Prepared for you on Friday, March 29, 2024.

British Pound/Brunei Dollar (FOREX:GBPBND)

Bull Market Weakness (+75) - GBPBND is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on GBPBND as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid GBPBND?

MarketClub looks at technical strength and momentum to determine if the timing is right for GBPBND.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_GBPBND
Open High Low GBPBND Price Change
1.7051597 1.7051597 1.7051597 1.7051597 0.0000000
Entry Signal

MarketClub’s Trade Triangles for GBPBND

long term up The long-term trend has been UP since Jan 8th, 2024 at 1.6898191

intermediate term up The intermediate-term trend has been UP since Feb 26th, 2024 at 1.7054027

short term up The short-term trend has been UP since Mar 6th, 2024 at 1.7058352

Smart Scan Analysis for GBPBND

Based on our trend formula, GBPBND is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for GBPBND
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.7051597 1.7051597 1.7051597 1.7051597 0.0000000
Prev. Close Volume Bid Ask Time
1.7051597 2024-03-29 03:30:09
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