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Forex Trend Analysis Report

Prepared for you on Monday, November 30, 2020.

British Pound/Burundi Franc (FOREX:GBPBIF)

Countertrend Up (+85) - GBPBIF is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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
2570.8213 2570.8213 2570.8213 2570.8213 0.0000
Entry Signal

MarketClub’s Trade Triangles for GBPBIF

long term up The long-term trend has been UP since Jul 8th, 2020 at 2410.7701

intermediate term up The intermediate-term trend has been UP since Nov 8th, 2020 at 2544.1691

short term up The short-term trend has been UP since Nov 8th, 2020 at 2514.4062

Smart Scan Analysis for GBPBIF

Based on our trend formula, GBPBIF is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for GBPBIF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2570.8213 2570.8213 2570.8213 2570.8213 0.0000
Prev. Close Volume Bid Ask Time
2587.8428 2020-11-29 21:00:30
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