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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
British Pound/Burundi Franc (FOREX:GBPBIF)
Bull Market Weakness (+75) - GBPBIF is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on GBPBIF as it may be in the beginning stages of a reversal.
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 Jul 8th, 2024 at 3682.7731
The short-term trend has been DOWN since Jul 21st, 2024 at 3735.3886
Smart Scan Analysis for GBPBIF
Based on our trend formula, GBPBIF is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 3707.0488 | 3707.0488 | 3707.0488 | 3707.0488 | 0.0000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 3707.0488 | 2024-07-26 07:26:03 |