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Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
Euro/British Pound (FOREX:EURGBP)
Strong Downtrend (-100) - EURGBP is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, EURGBP continues to fall. Traders should use caution and set stops.
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.
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MarketClub’s Trade Triangles for EURGBP
The long-term trend has been DOWN since Sep 20th, 2024 at 0.838345
The intermediate-term trend has been DOWN since Nov 13th, 2024 at 0.826070
The short-term trend has been DOWN since Nov 20th, 2024 at 0.833225
Smart Scan Analysis for EURGBP
Based on our trend formula, EURGBP is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.834935 | 0.835150 | 0.832725 | 0.833165 | -0.001770 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.834935 | 2024-11-20 03:28:58 |