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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.
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MarketClub’s Trade Triangles for GBPBIF
The long-term trend has been DOWN since Mar 2nd, 2020 at 2416.7961
The intermediate-term trend has been DOWN since May 11th, 2020 at 2335.8184
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).
| 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 |