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Forex Trend Analysis Report

Prepared for you on Monday, August 15, 2022.

British Pound/Cuban Peso (FOREX:GBPCUP)

Sidelines Mode (+50) - GBPCUP is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until GBPCUP can gain momentum.

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
29.048719 29.048719 29.048719 29.048719 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 Jul 27th, 2022 at 28.860310

short term up The short-term trend has been UP since Jul 27th, 2022 at 28.860310

Smart Scan Analysis for GBPCUP

Based on our trend formula, GBPCUP is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+50
Smart Scan Analysis for GBPCUP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
29.048719 29.048719 29.048719 29.048719 0.000000
Prev. Close Volume Bid Ask Time
29.048719 2022-08-10 07:20:33
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