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Forex Trend Analysis Report

Prepared for you on Tuesday, March 19, 2024.

British Pound/Ukrainian Hryvnia (FOREX:GBPUAH)

Countertrend Up (+85) - GBPUAH is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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

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

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

FOREX_GBPUAH
Open High Low GBPUAH Price Change
49.692595 49.692595 49.692595 49.692595 0.000000
Entry Signal

MarketClub’s Trade Triangles for GBPUAH

long term up The long-term trend has been UP since Dec 12th, 2023 at 46.494359

intermediate term up The intermediate-term trend has been UP since Feb 23rd, 2024 at 48.113676

short term up The short-term trend has been UP since Mar 6th, 2024 at 48.633317

Smart Scan Analysis for GBPUAH

Based on our trend formula, GBPUAH is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for GBPUAH
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
49.692595 49.692595 49.692595 49.692595 0.000000
Prev. Close Volume Bid Ask Time
49.692595 2024-03-18 08:25:59
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