Forex Trend Analysis Report
Prepared for you on Saturday, February 27, 2021.
British Pound/Brunei Dollar (FOREX:GBPBND)
Strong Uptrend (+100) - GBPBND is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, GBPBND continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
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 UP since Jul 29th, 2020 at 1.7824208
The intermediate-term trend has been UP since Dec 16th, 2020 at 1.7961026
The short-term trend has been UP since Feb 14th, 2021 at 1.8349880
Smart Scan Analysis for GBPBND
Based on our trend formula, GBPBND is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).