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Forex Trend Analysis Report

Prepared for you on Thursday, August 11, 2022.

/British Pound (FOREX:BTNGBP)

Bull Market Weakness (+75) - BTNGBP is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on BTNGBP as it may be in the beginning stages of a reversal.

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

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

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

FOREX_BTNGBP
Open High Low BTNGBP Price Change
0.01039771 0.01039771 0.01039771 0.01039771 0.00000000
Entry Signal

MarketClub’s Trade Triangles for BTNGBP

long term up The long-term trend has been UP since Aug 20th, 2021 at 0.00985738

intermediate term up The intermediate-term trend has been UP since Aug 10th, 2022 at 0.01038291

short term up The short-term trend has been UP since Jul 5th, 2022 at 0.01033062

Smart Scan Analysis for BTNGBP

Based on our trend formula, BTNGBP is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for BTNGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.01039771 0.01039771 0.01039771 0.01039771 0.00000000
Prev. Close Volume Bid Ask Time
0.01039771 2022-08-10 07:20:34
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