Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Thursday, November 21, 2024.
British Pound/Cuban Peso (FOREX:GBPCUP)
Long-Term Downtrend (-90) - GBPCUP is in a strong downtrend that is likely to continue. While GBPCUP is showing intraday strength, it remains in the confines of a bearish trend. 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.
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 Nov 18th, 2024 at 30.422404
The intermediate-term trend has been DOWN since Oct 20th, 2024 at 31.629519
The short-term trend has been DOWN since Oct 20th, 2024 at 31.629519
Smart Scan Analysis for GBPCUP
Based on our trend formula, GBPCUP is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 30.393492 | 30.393492 | 30.393492 | 30.393492 | 0.000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 30.393492 | 2024-11-20 19:11:53 |