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Forex Trend Analysis Report
Prepared for you on Monday, November 30, 2020.
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.
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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 UP since Oct 11th, 2020 at 94.27205
The short-term trend has been UP since Nov 23rd, 2020 at 98.81502
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 98.63976 | 98.63976 | 98.63976 | 98.63976 | 0.00000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 98.74529 | 2020-11-27 07:14:02 |