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Forex Trend Analysis Report

Prepared for you on Wednesday, October 27, 2021.

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
103.28588 103.28588 103.28588 103.28588 0.00000
Entry Signal

MarketClub’s Trade Triangles for GBPBTN

long term down The long-term trend has been DOWN since Aug 20th, 2021 at 101.46002

intermediate term up The intermediate-term trend has been UP since Oct 18th, 2021 at 101.80182

short term up The short-term trend has been UP since Oct 4th, 2021 at 100.97708

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
103.28588 103.28588 103.28588 103.28588 0.00000
Prev. Close Volume Bid Ask Time
102.90291 2021-10-25 07:22:34
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