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Forex Trend Analysis Report

Prepared for you on Thursday, April 25, 2024.

British Pound/Cuban Peso (FOREX:GBPCUP)

Bear Market Rally (-75) - GBPCUP is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on GBPCUP as it may be in the beginning of a reversal.

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
30.018077 30.018077 30.018077 30.018077 0.000000
Entry Signal

MarketClub’s Trade Triangles for GBPCUP

long term down The long-term trend has been DOWN since Apr 2nd, 2024 at 30.120961

intermediate term down The intermediate-term trend has been DOWN since Mar 28th, 2024 at 30.322848

short term up The short-term trend has been UP since Apr 25th, 2024 at 29.867325

Smart Scan Analysis for GBPCUP

Based on our trend formula, GBPCUP is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for GBPCUP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
30.018077 30.018077 30.018077 30.018077 0.000000
Prev. Close Volume Bid Ask Time
30.018077 2024-04-25 07:26:32
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