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Forex Trend Analysis Report
Prepared for you on Friday, April 19, 2024.
British Pound/Japanese Yen (FOREX:GBPJPY)
Weak Uptrend (+65) - GBPJPY is showing signs of weakening momentum to the upside. Monitor GBPJPY as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid GBPJPY?
MarketClub looks at technical strength and momentum to determine if the timing is right for GBPJPY.
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 GBPJPY
The long-term trend has been UP since Jan 19th, 2024 at 188.663
The intermediate-term trend has been UP since Mar 19th, 2024 at 191.314
The short-term trend has been DOWN since Apr 18th, 2024 at 191.478
Smart Scan Analysis for GBPJPY
Based on our trend formula, GBPJPY is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 191.50300 | 192.71050 | 191.17000 | 191.28738 | -0.21562 |
| Prev. Close | Volume | Bid | Ask | Time |
| 191.50300 | 2024-04-19 21:31:00 |