Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
British Pound/ (FOREX:GBPAWG)
Strong Downtrend (-100) - GBPAWG is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, GBPAWG continues to fall. Traders should use caution and set stops.
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.
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MarketClub’s Trade Triangles for GBPAWG
The long-term trend has been DOWN since Nov 19th, 2024 at 2.2910254
The intermediate-term trend has been DOWN since Oct 10th, 2024 at 2.3631009
The short-term trend has been DOWN since Oct 3rd, 2024 at 2.4008684
Smart Scan Analysis for GBPAWG
Based on our trend formula, GBPAWG is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.7774084 | 1.7774084 | 1.7774084 | 1.7774084 | 0.0000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.7774084 | 2024-11-19 10:17:01 |