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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.

FOREX_GBPBTN
Open High Low GBPBTN Price Change
105.29844 105.31940 105.29844 105.31940 +0.02096
Entry Signal

MarketClub’s Trade Triangles for GBPBTN

long term up The long-term trend has been UP since Dec 17th, 2023 at 105.85057

intermediate term up The intermediate-term trend has been UP since Mar 4th, 2024 at 105.06198

short term down 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).

+65
Smart Scan Analysis for GBPBTN
Strong Downtrend Sideways 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
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