Forex Trend Analysis Report
Prepared for you on Thursday, February 25, 2021.
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.
MarketClub’s Trade Triangles for GBPBIF
The long-term trend has been UP since Jul 8th, 2020 at 2410.7701
The intermediate-term trend has been UP since Nov 8th, 2020 at 2544.1691
The short-term trend has been UP since Feb 7th, 2021 at 2652.8497
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).