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Forex Trend Analysis Report

Prepared for you on Tuesday, June 25, 2024.

British Pound/ (FOREX:GBPBTN)

Crossroads (-60) - GBPBTN is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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
105.85375 105.85375 105.85375 105.85375 0.00000
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 down The intermediate-term trend has been DOWN since Jun 21st, 2024 at 105.73199

short term down The short-term trend has been DOWN since Jun 21st, 2024 at 105.75827

Smart Scan Analysis for GBPBTN

Based on our trend formula, GBPBTN is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for GBPBTN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
105.85375 105.85375 105.85375 105.85375 0.00000
Prev. Close Volume Bid Ask Time
105.85375 2024-06-24 21:01:16
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