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Forex Trend Analysis Report

Prepared for you on Thursday, September 28, 2023.

British Pound/Cuban Peso (FOREX:GBPCUP)

Strong Downtrend (-100) - GBPCUP is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, GBPCUP continues to fall. Traders should use caution and set stops.

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.

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FOREX_GBPCUP
Open High Low GBPCUP Price Change
29.259688 29.259688 29.259688 29.259688 0.000000
Entry Signal

MarketClub’s Trade Triangles for GBPCUP

long term down The long-term trend has been DOWN since Sep 22nd, 2023 at 29.779580

intermediate term down The intermediate-term trend has been DOWN since Jul 31st, 2023 at 30.802164

short term down The short-term trend has been DOWN since Sep 10th, 2023 at 30.213021

Smart Scan Analysis for GBPCUP

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

-100
Smart Scan Analysis for GBPCUP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
29.259688 29.259688 29.259688 29.259688 0.000000
Prev. Close Volume Bid Ask Time
29.259688 2023-09-28 07:27:59
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