Forex Trend Analysis Report
Prepared for you on Friday, October 22, 2021.
British Pound/Cuban Peso (FOREX:GBPCUP)
Crossroads (-60) - GBPCUP is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
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.
MarketClub’s Trade Triangles for GBPCUP
The long-term trend has been DOWN since Jul 19th, 2021 at 32.972557
The intermediate-term trend has been UP since Oct 18th, 2021 at 32.922195
The short-term trend has been UP since Oct 7th, 2021 at 32.610157
Smart Scan Analysis for GBPCUP
Based on our trend formula, GBPCUP is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).