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Forex Trend Analysis Report
Prepared for you on Friday, January 27, 2023.
British Pound/ (FOREX:GBPBTN)
Countertrend Up (+85) - GBPBTN is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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 Nov 21st, 2022 at 96.18956
The intermediate-term trend has been UP since Jan 17th, 2023 at 99.75647
The short-term trend has been UP since Jan 26th, 2023 at 100.23757
Smart Scan Analysis for GBPBTN
Based on our trend formula, GBPBTN is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 101.07614 | 101.07614 | 101.07614 | 101.07614 | 0.00000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 101.07614 | 2023-01-26 07:29:23 |