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Forex Trend Analysis Report

Prepared for you on Friday, January 27, 2023.

British Pound/ (FOREX:GBPBTN)

Countertrend Up (+85) - GBPBTN is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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
101.07614 101.07614 101.07614 101.07614 0.00000
Entry Signal

MarketClub’s Trade Triangles for GBPBTN

long term up The long-term trend has been UP since Nov 21st, 2022 at 96.18956

intermediate term up The intermediate-term trend has been UP since Jan 17th, 2023 at 99.75647

short term up The short-term trend has been UP since Jan 26th, 2023 at 100.23757

Smart Scan Analysis for GBPBTN

Based on our trend formula, GBPBTN is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for GBPBTN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
101.07614 101.07614 101.07614 101.07614 0.00000
Prev. Close Volume Bid Ask Time
101.07614 2023-01-26 07:29:23
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