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Forex Trend Analysis Report
Prepared for you on Thursday, November 21, 2024.
British Pound/Brunei Dollar (FOREX:GBPBND)
Long-Term Downtrend (-90) - GBPBND is in a strong downtrend that is likely to continue. While GBPBND is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution 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 Nov 15th, 2024 at 1.7077014
The short-term trend has been DOWN since Nov 15th, 2024 at 1.7077014
Smart Scan Analysis for GBPBND
Based on our trend formula, GBPBND is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.6976804 | 1.6976804 | 1.6976804 | 1.6976804 | 0.0000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.7007925 | 2024-11-18 07:25:25 |