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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.

FOREX_GBPBND
Open High Low GBPBND Price Change
1.6859835 1.6859835 1.6859835 1.6859835 0.0000000
Entry Signal

MarketClub’s Trade Triangles for GBPBND

long term down The long-term trend has been DOWN since Sep 22nd, 2023 at 1.6744455

intermediate term up The intermediate-term trend has been UP since Nov 16th, 2023 at 1.6612875

short term up 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).

+50
Smart Scan Analysis for GBPBND
Strong Downtrend Sideways 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
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