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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.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for GBPCUP
The long-term trend has been DOWN since Sep 22nd, 2023 at 29.779580
The intermediate-term trend has been DOWN since Jul 31st, 2023 at 30.802164
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).
| 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 |