Forex Trend Analysis Report
Prepared for you on Monday, May 25, 2020.
British Pound/ (FOREX:GBPBTN)
Weak Downtrend (-65) - GBPBTN is showing signs of a strengthening downtrend. Monitor GBPBTN as it may be building momentum to the downside.
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.
MarketClub’s Trade Triangles for GBPBTN
The long-term trend has been UP since Mar 10th, 2020 at 94.69697
The intermediate-term trend has been DOWN since May 8th, 2020 at 93.87050
The short-term trend has been DOWN since May 24th, 2020 at 92.63783
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).