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Forex Trend Analysis Report

Prepared for you on Saturday, June 15, 2024.

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.

FOREX_GBPCUP
Open High Low GBPCUP Price Change
30.704863 30.767038 30.704863 30.767038 +0.062175
Entry Signal

MarketClub’s Trade Triangles for GBPCUP

long term up The long-term trend has been UP since Jun 10th, 2024 at 30.730945

intermediate term down The intermediate-term trend has been DOWN since Jun 10th, 2024 at 30.511941

short term down The short-term trend has been DOWN since Jun 10th, 2024 at 30.612664

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).

-50
Smart Scan Analysis for GBPCUP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
30.704863 30.767038 30.704863 30.767038 +0.062175
Prev. Close Volume Bid Ask Time
30.491063 2024-06-13 21:00:27
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