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Forex Trend Analysis Report
Prepared for you on Saturday, February 22, 2025.
British Pound/Brazilian Real (FOREX:GBPBRL)
Sidelines Mode (-55) - GBPBRL is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid GBPBRL?
MarketClub looks at technical strength and momentum to determine if the timing is right for GBPBRL.
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 GBPBRL
The long-term trend has been DOWN since Feb 2nd, 2025 at 7.209820
The intermediate-term trend has been DOWN since Jan 7th, 2025 at 7.570040
The short-term trend has been UP since Feb 20th, 2025 at 7.225449
Smart Scan Analysis for GBPBRL
Based on our trend formula, GBPBRL is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 7.220232 | 7.251647 | 7.193568 | 7.242373 | +0.022141 |
| Prev. Close | Volume | Bid | Ask | Time |
| 7.241168 | 2025-02-21 17:03:30 |