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Forex Trend Analysis Report
Prepared for you on Thursday, November 21, 2024.
British Pound/Burundi Franc (FOREX:GBPBIF)
Crossroads (-60) - GBPBIF is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
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.
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MarketClub’s Trade Triangles for GBPBIF
The long-term trend has been UP since May 28th, 2024 at 3661.1050
The intermediate-term trend has been DOWN since Oct 17th, 2024 at 3801.2758
The short-term trend has been DOWN since Nov 15th, 2024 at 3758.2614
Smart Scan Analysis for GBPBIF
Based on our trend formula, GBPBIF is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 3740.9581 | 3740.9581 | 3740.9581 | 3740.9581 | 0.0000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 3742.1748 | 2024-11-15 20:04:25 |