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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.

FOREX_GBPBYN
Open High Low GBPBYN Price Change
3.0907835 3.0907835 3.0907835 3.0907835 0.0000000
Entry Signal

MarketClub’s Trade Triangles for GBPBYN

long term down The long-term trend has been DOWN since Sep 22nd, 2023 at 3.1268464

intermediate term down The intermediate-term trend has been DOWN since Jul 31st, 2023 at 3.2395124

short term down 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).

-100
Smart Scan Analysis for GBPBYN
Strong Downtrend Sideways 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
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