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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.

FOREX_GBPCUP
Open High Low GBPCUP Price Change
32.940821 32.940821 32.940821 32.940821 0.000000
Entry Signal

MarketClub’s Trade Triangles for GBPCUP

long term down The long-term trend has been DOWN since Jul 19th, 2021 at 32.972557

intermediate term up The intermediate-term trend has been UP since Oct 18th, 2021 at 32.922195

short term up 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).

-60
Smart Scan Analysis for GBPCUP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
32.940821 32.940821 32.940821 32.940821 0.000000
Prev. Close Volume Bid Ask Time
32.940821 2021-10-18 07:17:18
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