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Forex Trend Analysis Report

Prepared for you on Tuesday, August 16, 2022.

British Pound/Belarusian Ruble (FOREX:GBPBYN)

Weak Downtrend (-65) - GBPBYN is showing signs of a strengthening downtrend. Monitor GBPBYN as it may be building momentum to the downside.

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.

FOREX_GBPBYN
Open High Low GBPBYN Price Change
3.0550009 3.0550009 3.0550009 3.0550009 0.0000000
Entry Signal

MarketClub’s Trade Triangles for GBPBYN

long term down The long-term trend has been DOWN since Jun 29th, 2022 at 4.1163899

intermediate term up The intermediate-term trend has been UP since Aug 1st, 2022 at 3.0214188

short term down The short-term trend has been DOWN since Jun 20th, 2022 at 4.2190501

Smart Scan Analysis for GBPBYN

Based on our trend formula, GBPBYN is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for GBPBYN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.0550009 3.0550009 3.0550009 3.0550009 0.0000000
Prev. Close Volume Bid Ask Time
3.0550009 2022-08-10 07:20:31
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