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Forex Trend Analysis Report

Prepared for you on Sunday, November 29, 2020.

British Pound/Brunei Dollar (FOREX:GBPBND)

Sidelines Mode (+55) - GBPBND is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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
1.7833356 1.7833356 1.7833356 1.7833356 0.0000000
Entry Signal

MarketClub’s Trade Triangles for GBPBND

long term up The long-term trend has been UP since Jul 29th, 2020 at 1.7824208

intermediate term up The intermediate-term trend has been UP since Oct 12th, 2020 at 1.7548785

short term down The short-term trend has been DOWN since Nov 27th, 2020 at 1.7838809

Smart Scan Analysis for GBPBND

Based on our trend formula, GBPBND is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for GBPBND
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.7833356 1.7833356 1.7833356 1.7833356 0.0000000
Prev. Close Volume Bid Ask Time
1.7833356 2020-11-27 07:14:02
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