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Forex Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
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.
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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 UP since Dec 4th, 2024 at 3740.9581
The short-term trend has been UP since Dec 9th, 2024 at 3748.3999
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 3767.1426 | 3767.1426 | 3767.1426 | 3767.1426 | 0.0000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 3767.1426 | 2024-12-25 04:48:05 |