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Forex Trend Analysis Report
Prepared for you on Thursday, September 21, 2023.
British Pound/Burundi Franc (FOREX:GBPBIF)
Weak Downtrend (-65) - GBPBIF is showing signs of a strengthening downtrend. Monitor GBPBIF as it may be building momentum to the downside.
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 Dec 4th, 2022 at 2510.1835
The intermediate-term trend has been DOWN since Aug 1st, 2023 at 3637.2353
The short-term trend has been DOWN since Aug 23rd, 2023 at 3605.0663
Smart Scan Analysis for GBPBIF
Based on our trend formula, GBPBIF is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 3516.161 | 3516.161 | 3516.161 | 3516.161 | 0.000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 3513.460 | 2023-09-16 10:51:44 |