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Forex Trend Analysis Report

Prepared for you on Monday, May 25, 2020.

British Pound/Burundi Franc (FOREX:GBPBIF)

Strong Downtrend (-100) - GBPBIF is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.

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

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

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

FOREX_GBPBIF
Open High Low GBPBIF Price Change
2315.4508 2315.4508 2315.4508 2315.4508 0.0000
Entry Signal

MarketClub’s Trade Triangles for GBPBIF

long term down The long-term trend has been DOWN since Mar 2nd, 2020 at 2416.7961

intermediate term down The intermediate-term trend has been DOWN since May 11th, 2020 at 2335.8184

short term down The short-term trend has been DOWN since May 6th, 2020 at 2355.9864

Smart Scan Analysis for GBPBIF

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

-100
Smart Scan Analysis for GBPBIF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2315.4508 2315.4508 2315.4508 2315.4508 0.0000
Prev. Close Volume Bid Ask Time
2304.0295 2284.2764 2346.6251 2020-05-21 07:16:20
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