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Forex Trend Analysis Report
Prepared for you on Monday, December 4, 2023.
British Pound/Brunei Dollar (FOREX:GBPBND)
Sidelines Mode (+50) - GBPBND is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until GBPBND can gain 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.
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MarketClub’s Trade Triangles for GBPBND
The long-term trend has been DOWN since Sep 22nd, 2023 at 1.6744455
The intermediate-term trend has been UP since Nov 16th, 2023 at 1.6612875
The short-term trend has been UP since Nov 16th, 2023 at 1.6612875
Smart Scan Analysis for GBPBND
Based on our trend formula, GBPBND is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.6859835 | 1.6859835 | 1.6859835 | 1.6859835 | 0.0000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.6935978 | 2023-11-28 07:28:25 |