Forex Trend Analysis Report
Prepared for you on Tuesday, April 7, 2020.
British Pound/Brunei Dollar (FOREX:GBPBND)
Crossroads (-60) - GBPBND is struggling to move into a solid trend. Beware of choppy markets 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.
MarketClub’s Trade Triangles for GBPBND
The long-term trend has been DOWN since Mar 16th, 2020 at 1.7517548
The intermediate-term trend has been UP since Mar 29th, 2020 at 1.7427095
The short-term trend has been UP since Mar 29th, 2020 at 1.7427095
Smart Scan Analysis for GBPBND
Based on our trend formula, GBPBND is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).