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Forex Trend Analysis Report

Prepared for you on Saturday, December 14, 2024.

British Pound/ (FOREX:GBPBTN)

Bull Market Weakness (+75) - GBPBTN is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on 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.

FOREX_GBPBTN
Open High Low GBPBTN Price Change
108.23134 108.23134 108.16010 108.17578 -0.05556
Entry Signal

MarketClub’s Trade Triangles for GBPBTN

long term up The long-term trend has been UP since May 28th, 2024 at 106.31805

intermediate term up The intermediate-term trend has been UP since Dec 9th, 2024 at 108.19059

short term up The short-term trend has been UP since Dec 6th, 2024 at 107.59101

Smart Scan Analysis for GBPBTN

Based on our trend formula, GBPBTN is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for GBPBTN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
108.23134 108.23134 108.16010 108.17578 -0.05556
Prev. Close Volume Bid Ask Time
107.17497 2024-12-09 21:06:12
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