Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Saturday, May 30, 2020.

Euro/British Pound (FOREX:EURGBP)

Long-Term Uptrend (+90) - EURGBP is in a strong uptrend that is likely to continue. While EURGBP 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 EURGBP?

MarketClub looks at technical strength and momentum to determine if the timing is right for EURGBP.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_EURGBP
Open High Low EURGBP Price Change
0.900505 0.900505 0.900505 0.900505 0.000000
Entry Signal

MarketClub’s Trade Triangles for EURGBP

long term up The long-term trend has been UP since Mar 8th, 2020 at 0.875550

intermediate term up The intermediate-term trend has been UP since May 1st, 2020 at 0.886350

short term up The short-term trend has been UP since May 27th, 2020 at 0.896195

Smart Scan Analysis for EURGBP

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

+90
Smart Scan Analysis for EURGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.900505 0.900505 0.900505 0.900505 0.000000
Prev. Close Volume Bid Ask Time
0.900505 0.895310 0.905700 2020-05-30 21:02:16
Get a free daily analysis and signals for Euro/British Pound (EURGBP) - Request Your Free Report.