Forex Trend Analysis Report
Prepared for you on Thursday, March 28, 2024.
British Pound/Bahamian Dollar (FOREX:GBPBSD)
Crossroads (-60) - GBPBSD is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid GBPBSD?
MarketClub looks at technical strength and momentum to determine if the timing is right for GBPBSD.
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 GBPBSD
The long-term trend has been UP since Dec 6th, 2023 at 1.2568230
The intermediate-term trend has been DOWN since Mar 28th, 2024 at 1.2697447
The short-term trend has been DOWN since Mar 18th, 2024 at 1.2748454
Smart Scan Analysis for GBPBSD
Based on our trend formula, GBPBSD is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
1.2629183 | 1.2629183 | 1.2617071 | 1.2617071 | -0.0012110 |
Prev. Close | Volume | Bid | Ask | Time |
1.2629183 | 2024-03-28 08:26:04 |