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Forex Trend Analysis Report
Prepared for you on Wednesday, March 22, 2023.
British Pound/Brunei Dollar (FOREX:GBPBND)
Bull Market Weakness (+75) - GBPBND is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on GBPBND as it may be in the beginning stages 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.
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MarketClub’s Trade Triangles for GBPBND
The long-term trend has been UP since Dec 14th, 2022 at 1.6646992
The intermediate-term trend has been UP since Feb 21st, 2023 at 1.6114579
The short-term trend has been UP since Feb 21st, 2023 at 1.6075107
Smart Scan Analysis for GBPBND
Based on our trend formula, GBPBND is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.6313651 | 1.6313651 | 1.6313651 | 1.6313651 | 0.0000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.6294943 | 2023-03-15 08:27:19 |