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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Belarusian Ruble/British Pound (FOREX:BYNGBP)
Bear Market Rally (-75) - BYNGBP is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on BYNGBP as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid BYNGBP?
MarketClub looks at technical strength and momentum to determine if the timing is right for BYNGBP.
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 BYNGBP
The long-term trend has been DOWN since Jun 9th, 2024 at 0.23867863
The intermediate-term trend has been DOWN since Jul 7th, 2024 at 0.23948220
The short-term trend has been UP since Jul 21st, 2024 at 0.23554212
Smart Scan Analysis for BYNGBP
Based on our trend formula, BYNGBP is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.23748921 | 0.23748921 | 0.23748921 | 0.23748921 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.23748921 | 2024-07-26 14:00:14 |