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Forex Trend Analysis Report
Prepared for you on Tuesday, June 2, 2020.
British Pound/Cuban Peso (FOREX:GBPCUP)
Sidelines Mode (+50) - GBPCUP is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until GBPCUP can gain momentum.
Is it time to buy, sell, or avoid GBPCUP?
MarketClub looks at technical strength and momentum to determine if the timing is right for GBPCUP.
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 GBPCUP
The long-term trend has been DOWN since Mar 29th, 2020 at 1.2879550
The intermediate-term trend has been UP since Jun 1st, 2020 at 1.2350818
The short-term trend has been UP since May 21st, 2020 at 1.2206918
Smart Scan Analysis for GBPCUP
Based on our trend formula, GBPCUP is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.2385938 | 1.2385938 | 1.2385938 | 1.2385938 | 0.0000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.2385938 | 1.2051484 | 1.2720391 | 2020-06-01 07:17:48 |