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Forex Trend Analysis Report

Prepared for you on Monday, October 25, 2021.

Belarusian Ruble/British Pound (FOREX:BYNGBP)

Countertrend Up (+85) - BYNGBP is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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
0.30041129 0.30041129 0.30041129 0.30041129 0.00000000
Entry Signal

MarketClub’s Trade Triangles for BYNGBP

long term up The long-term trend has been UP since Jun 13th, 2021 at 0.28244881

intermediate term up The intermediate-term trend has been UP since Sep 21st, 2021 at 0.29172736

short term up The short-term trend has been UP since Sep 13th, 2021 at 0.28730871

Smart Scan Analysis for BYNGBP

Based on our trend formula, BYNGBP is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for BYNGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.30041129 0.30041129 0.30041129 0.30041129 0.00000000
Prev. Close Volume Bid Ask Time
0.30041129 2021-10-24 21:08:28
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