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Forex Trend Analysis Report
Prepared for you on Friday, April 26, 2024.
British Pound/Belarusian Ruble (FOREX:GBPBYN)
Bear Market Rally (-75) - GBPBYN is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on GBPBYN as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid GBPBYN?
MarketClub looks at technical strength and momentum to determine if the timing is right for GBPBYN.
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 GBPBYN
The long-term trend has been DOWN since Apr 2nd, 2024 at 4.1072869
The intermediate-term trend has been DOWN since Mar 28th, 2024 at 4.1347215
The short-term trend has been UP since Apr 25th, 2024 at 4.0727006
Smart Scan Analysis for GBPBYN
Based on our trend formula, GBPBYN is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 4.0913197 | 4.0913197 | 4.0913197 | 4.0913197 | 0.0000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 4.0913197 | 2024-04-25 21:00:52 |