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Forex Trend Analysis Report

Prepared for you on Thursday, February 20, 2020.

British Pound/ (FOREX:GBPBYN)

Strong Uptrend (+100) - GBPBYN is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, GBPBYN continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

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
2.8730613 2.8730613 2.8730613 2.8730613 0.0000000
Entry Signal

MarketClub’s Trade Triangles for GBPBYN

long term up The long-term trend has been UP since Oct 17th, 2019 at 2.5902000

intermediate term up The intermediate-term trend has been UP since Jan 30th, 2020 at 2.7847431

short term up The short-term trend has been UP since Feb 9th, 2020 at 2.8029856

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).

+100
Smart Scan Analysis for GBPBYN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.8730613 2.8730613 2.8730613 2.8730613 0.0000000
Prev. Close Volume Bid Ask Time
2.8730613 2.8670381 2.8790845 2020-02-18 07:26:00
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