Forex Trend Analysis Report
Prepared for you on Saturday, October 26, 2024.
British Pound/Brunei Dollar (FOREX:GBPBND)
Countertrend Down (-85) - GBPBND is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
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 DOWN since Aug 4th, 2024 at 1.6916688
The intermediate-term trend has been DOWN since Oct 9th, 2024 at 1.7113821
The short-term trend has been UP since Oct 20th, 2024 at 1.7114903
Smart Scan Analysis for GBPBND
Based on our trend formula, GBPBND is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
1.7077014 | 1.7077014 | 1.7077014 | 1.7077014 | 0.0000000 |
Prev. Close | Volume | Bid | Ask | Time |
1.7077014 | 2024-10-24 21:06:17 |