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Forex Trend Analysis Report

Prepared for you on Saturday, January 11, 2025.

Euro/British Pound (FOREX:EURGBP)

Weak Downtrend (-65) - EURGBP is showing signs of a strengthening downtrend. Monitor EURGBP as it may be building momentum to the downside.

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

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

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

FOREX_EURGBP
Open High Low EURGBP Price Change
0.84015 0.84015 0.83741 0.83915 -0.00100
Entry Signal

MarketClub’s Trade Triangles for EURGBP

long term down The long-term trend has been DOWN since Dec 24th, 2024 at 0.809300

intermediate term down The intermediate-term trend has been DOWN since Dec 24th, 2024 at 0.822305

short term up The short-term trend has been UP since Jan 9th, 2025 at 0.835815

Smart Scan Analysis for EURGBP

Based on our trend formula, EURGBP is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for EURGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.84015 0.84015 0.83741 0.83915 -0.00100
Prev. Close Volume Bid Ask Time
0.84015 2025-01-11 05:26:47
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