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Forex Trend Analysis Report

Prepared for you on Saturday, July 20, 2024.

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.

FOREX_GBPBND
Open High Low GBPBND Price Change
1.7413361 1.7413361 1.7413361 1.7413361 0.0000000
Entry Signal

MarketClub’s Trade Triangles for GBPBND

long term up The long-term trend has been UP since Jan 8th, 2024 at 1.6898191

intermediate term up The intermediate-term trend has been UP since Jul 8th, 2024 at 1.7275339

short term down The short-term trend has been DOWN since Jul 18th, 2024 at 1.7415249

Smart Scan Analysis for GBPBND

Based on our trend formula, GBPBND is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for GBPBND
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.7413361 1.7413361 1.7413361 1.7413361 0.0000000
Prev. Close Volume Bid Ask Time
1.7379073 2024-07-18 07:26:17
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