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Forex Trend Analysis Report
Prepared for you on Saturday, October 26, 2024.
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.
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MarketClub’s Trade Triangles for GBPBYN
The long-term trend has been UP since Jun 9th, 2024 at 4.1897423
The intermediate-term trend has been DOWN since Oct 10th, 2024 at 4.2955204
The short-term trend has been DOWN since Oct 10th, 2024 at 4.3116791
Smart Scan Analysis for GBPBYN
Based on our trend formula, GBPBYN is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 4.2693372 | 4.2693372 | 4.2693372 | 4.2693372 | 0.0000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 4.2527162 | 2024-10-19 08:23:40 |