Forex Trend Analysis Report
Prepared for you on Friday, March 29, 2024.
British Pound/ (FOREX:GBPBTN)
Weak Uptrend (+65) - GBPBTN is showing signs of weakening momentum to the upside. Monitor GBPBTN as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid GBPBTN?
MarketClub looks at technical strength and momentum to determine if the timing is right for GBPBTN.
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 GBPBTN
The long-term trend has been UP since Dec 17th, 2023 at 105.85057
The intermediate-term trend has been UP since Mar 4th, 2024 at 105.06198
The short-term trend has been DOWN since Mar 14th, 2024 at 106.10923
Smart Scan Analysis for GBPBTN
Based on our trend formula, GBPBTN is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
105.29844 | 105.31940 | 105.29844 | 105.31940 | +0.02096 |
Prev. Close | Volume | Bid | Ask | Time |
105.29844 | 2024-03-29 03:30:07 |