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Forex Trend Analysis Report

Prepared for you on Sunday, September 24, 2023.

British Pound/ (FOREX:GBPBTN)

Strong Downtrend (-100) - GBPBTN is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, GBPBTN continues to fall. Traders should use caution and set stops.

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
101.52392 101.52392 101.52392 101.52392 0.00000
Entry Signal

MarketClub’s Trade Triangles for GBPBTN

long term down The long-term trend has been DOWN since Sep 23rd, 2023 at 102.28456

intermediate term down The intermediate-term trend has been DOWN since Aug 24th, 2023 at 104.98352

short term down The short-term trend has been DOWN since Sep 10th, 2023 at 103.98935

Smart Scan Analysis for GBPBTN

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

-100
Smart Scan Analysis for GBPBTN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
101.52392 101.52392 101.52392 101.52392 0.00000
Prev. Close Volume Bid Ask Time
101.52392 2023-09-23 13:03:34
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