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Forex Trend Analysis Report
Prepared for you on Saturday, February 22, 2025.
British Pound/Bahamian Dollar (FOREX:GBPBSD)
Sidelines Mode (+50) - GBPBSD is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until GBPBSD can gain momentum.
Is it time to buy, sell, or avoid GBPBSD?
MarketClub looks at technical strength and momentum to determine if the timing is right for GBPBSD.
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 GBPBSD
The long-term trend has been DOWN since Nov 20th, 2024 at 1.2677530
The intermediate-term trend has been UP since Feb 2nd, 2025 at 1.2475313
The short-term trend has been UP since Feb 16th, 2025 at 1.2459123
Smart Scan Analysis for GBPBSD
Based on our trend formula, GBPBSD is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.2646011 | 1.2646011 | 1.2646011 | 1.2646011 | 0.0000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.2646011 | 2025-02-22 01:41:05 |