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Forex Trend Analysis Report
Prepared for you on Monday, September 25, 2023.
British Pound/Belarusian Ruble (FOREX:GBPBYN)
Strong Downtrend (-100) - GBPBYN is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, GBPBYN continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid GBPBYN?
MarketClub looks at technical strength and momentum to determine if the timing is right for GBPBYN.
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 GBPBYN
The long-term trend has been DOWN since Sep 22nd, 2023 at 3.1268464
The intermediate-term trend has been DOWN since Jul 31st, 2023 at 3.2395124
The short-term trend has been DOWN since Aug 25th, 2023 at 3.2102036
Smart Scan Analysis for GBPBYN
Based on our trend formula, GBPBYN is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 3.0907835 | 3.0907835 | 3.0907835 | 3.0907835 | 0.0000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 3.0907835 | 2023-09-23 13:03:34 |