Free Daily Analysis

Stock Trend Analysis Report

Prepared for you on Tuesday, April 16, 2024.

Invesco CurrencyShares British Pound Sterling Trust (PACF:FXB)

Long-Term Downtrend (-90) - FXB is in a strong downtrend that is likely to continue. While FXB is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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

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

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

PACF_FXB
Open High Low FXB Price Change
120.02 120.05 119.75 119.75 +0.05
Entry Signal

MarketClub’s Trade Triangles for FXB

long term down The long-term trend has been DOWN since Apr 12th, 2024 at 120.36

intermediate term down The intermediate-term trend has been DOWN since Mar 22nd, 2024 at 121.19

short term down The short-term trend has been DOWN since Apr 10th, 2024 at 120.98

Smart Scan Analysis for FXB

Based on our trend formula, FXB is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for FXB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
120.02 120.05 119.75 119.75 +0.05
Prev. Close Volume Bid Ask Time
119.75 4101 2024-04-15 10:49:27
Year High139.239Year High Date2018-04-16
Year Low122.876Year Low Date2018-08-15
52wk High126.3552wk High Date2023-07-13
52wk Low115.9452wk Low Date2023-10-03
Year End Close160.71Average Volume25,841
Shares Outstanding400Assets107,174,249M
Liabilities62,242MP/E Ratio116.5189
Beta53.11Volatility11.09
Get a free daily analysis and signals for Invesco CurrencyShares British Pound Sterling Trust (FXB) - Request Your Free Report.