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Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
/British Pound (FOREX:BTNGBP)
Sidelines Mode (+50) - BTNGBP is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until BTNGBP can gain momentum.
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 UP since Oct 10th, 2024 at 0.00908214
The short-term trend has been UP since Nov 12th, 2024 at 0.00916628
Smart Scan Analysis for BTNGBP
Based on our trend formula, BTNGBP is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00923248 | 0.00923248 | 0.00923248 | 0.00923248 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00937978 | 2024-11-12 07:25:06 |