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Forex Trend Analysis Report

Prepared for you on Saturday, October 23, 2021.

British Pound/ (FOREX:GBPAWG)

Sidelines Mode (+50) - GBPAWG is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until GBPAWG can gain momentum.

Is it time to buy, sell, or avoid GBPAWG?

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

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

FOREX_GBPAWG
Open High Low GBPAWG Price Change
2.4824358 2.4824358 2.4824358 2.4824358 0.0000000
Entry Signal

MarketClub’s Trade Triangles for GBPAWG

long term down The long-term trend has been DOWN since Jul 7th, 2021 at 2.4800050

intermediate term up The intermediate-term trend has been UP since Oct 19th, 2021 at 2.4734315

short term up The short-term trend has been UP since Oct 15th, 2021 at 2.4541842

Smart Scan Analysis for GBPAWG

Based on our trend formula, GBPAWG is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+50
Smart Scan Analysis for GBPAWG
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.4824358 2.4824358 2.4824358 2.4824358 0.0000000
Prev. Close Volume Bid Ask Time
2.4824358 2021-10-22 10:25:53
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