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Forex Trend Analysis Report

Prepared for you on Sunday, October 17, 2021.

British Pound/Brunei Dollar (FOREX:GBPBND)

Bear Market Rally (-75) - GBPBND is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on GBPBND as it may be in the beginning of a reversal.

Is it time to buy, sell, or avoid GBPBND?

MarketClub looks at technical strength and momentum to determine if the timing is right for GBPBND.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_GBPBND
Open High Low GBPBND Price Change
1.8497404 1.8497404 1.8497404 1.8497404 0.0000000
Entry Signal

MarketClub’s Trade Triangles for GBPBND

long term down The long-term trend has been DOWN since Sep 3rd, 2021 at 1.8571512

intermediate term down The intermediate-term trend has been DOWN since Sep 21st, 2021 at 1.8525551

short term up The short-term trend has been UP since Oct 14th, 2021 at 1.8483867

Smart Scan Analysis for GBPBND

Based on our trend formula, GBPBND is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for GBPBND
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.8497404 1.8497404 1.8497404 1.8497404 0.0000000
Prev. Close Volume Bid Ask Time
1.8497404 2021-10-14 07:18:43
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