Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Thursday, December 12, 2024.
British Pound/Bahamian Dollar (FOREX:GBPBSD)
Crossroads (-60) - GBPBSD is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
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.
|
|||||||||||||||
|
|||||||||||||||
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 Dec 1st, 2024 at 1.2664683
The short-term trend has been UP since Dec 9th, 2024 at 1.2729573
Smart Scan Analysis for GBPBSD
Based on our trend formula, GBPBSD is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.2772591 | 1.2772591 | 1.2764801 | 1.2764801 | -0.0007790 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.2772591 | 2024-12-09 18:36:58 |