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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
/British Pound (FOREX:BTNGBP)
Bear Market Rally (-75) - BTNGBP is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on BTNGBP as it may be in the beginning 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.
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MarketClub’s Trade Triangles for BTNGBP
The long-term trend has been DOWN since May 28th, 2024 at 0.00940689
The intermediate-term trend has been DOWN since Jul 7th, 2024 at 0.00939115
The short-term trend has been UP since Jul 21st, 2024 at 0.00922625
Smart Scan Analysis for BTNGBP
Based on our trend formula, BTNGBP is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00928360 | 0.00928426 | 0.00928360 | 0.00928426 | +0.00000100 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00928360 | 2024-07-26 14:00:15 |