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Forex Trend Analysis Report

Prepared for you on Monday, March 1, 2021.

British Pound/Bahamian Dollar (FOREX:GBPBSD)

Long-Term Uptrend (+90) - GBPBSD is in a strong uptrend that is likely to continue. While GBPBSD is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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.

FOREX_GBPBSD
Open High Low GBPBSD Price Change
1.4141998 1.4141998 1.4141998 1.4141998 0.0000000
Entry Signal

MarketClub’s Trade Triangles for GBPBSD

long term up The long-term trend has been UP since Jul 9th, 2020 at 1.2639330

intermediate term up The intermediate-term trend has been UP since Oct 13th, 2020 at 1.2930611

short term up The short-term trend has been UP since Feb 14th, 2021 at 1.3841210

Smart Scan Analysis for GBPBSD

Based on our trend formula, GBPBSD is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for GBPBSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.4141998 1.4141998 1.4141998 1.4141998 0.0000000
Prev. Close Volume Bid Ask Time
1.4141998 2021-02-25 07:31:39
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