Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Thursday, December 26, 2024.

Belarusian Ruble/British Pound (FOREX:BYNGBP)

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

FOREX_BYNGBP
Open High Low BYNGBP Price Change
0.24391551 0.24391551 0.24391551 0.24391551 0.00000000
Entry Signal

MarketClub’s Trade Triangles for BYNGBP

long term up The long-term trend has been UP since Nov 20th, 2024 at 0.24102403

intermediate term up The intermediate-term trend has been UP since Dec 15th, 2024 at 0.24084085

short term up The short-term trend has been UP since Oct 10th, 2024 at 0.23192864

Smart Scan Analysis for BYNGBP

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

+70
Smart Scan Analysis for BYNGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.24391551 0.24391551 0.24391551 0.24391551 0.00000000
Prev. Close Volume Bid Ask Time
0.23985883 2024-12-24 21:00:04
Get a free daily analysis and signals for Belarusian Ruble/British Pound (BYNGBP) - Request Your Free Report.