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Forex Trend Analysis Report

Prepared for you on Tuesday, June 2, 2020.

British Pound/ (FOREX:GBPAWG)

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

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
2.2362165 2.2472366 2.2362165 2.2472366 +0.0110200
Entry Signal

MarketClub’s Trade Triangles for GBPAWG

long term down The long-term trend has been DOWN since Mar 2nd, 2020 at 2.3149191

intermediate term up The intermediate-term trend has been UP since Jun 1st, 2020 at 2.2262350

short term up The short-term trend has been UP since May 29th, 2020 at 2.2206242

Smart Scan Analysis for GBPAWG

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

+70
Smart Scan Analysis for GBPAWG
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.2362165 2.2472366 2.2362165 2.2472366 +0.0110200
Prev. Close Volume Bid Ask Time
2.2362165 2.2363201 2.2581531 2020-06-01 13:49:49
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