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Forex Trend Analysis Report

Prepared for you on Wednesday, April 24, 2024.

/British Pound (FOREX:BTNGBP)

Long-Term Uptrend (+90) - BTNGBP is in a strong uptrend that is likely to continue. While BTNGBP is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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
0.00970492 0.00970492 0.00970492 0.00970492 0.00000000
Entry Signal

MarketClub’s Trade Triangles for BTNGBP

long term up The long-term trend has been UP since Apr 15th, 2024 at 0.00959601

intermediate term up The intermediate-term trend has been UP since Apr 2nd, 2024 at 0.00950800

short term up The short-term trend has been UP since Apr 22nd, 2024 at 0.00962683

Smart Scan Analysis for BTNGBP

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

+90
Smart Scan Analysis for BTNGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00970492 0.00970492 0.00970492 0.00970492 0.00000000
Prev. Close Volume Bid Ask Time
0.00970492 2024-04-23 07:26:24
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