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Forex Trend Analysis Report

Prepared for you on Tuesday, June 2, 2020.

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
1.2385938 1.2385938 1.2385938 1.2385938 0.0000000
Entry Signal

MarketClub’s Trade Triangles for GBPCUP

long term down The long-term trend has been DOWN since Mar 29th, 2020 at 1.2879550

intermediate term up The intermediate-term trend has been UP since Jun 1st, 2020 at 1.2350818

short term up The short-term trend has been UP since May 21st, 2020 at 1.2206918

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
1.2385938 1.2385938 1.2385938 1.2385938 0.0000000
Prev. Close Volume Bid Ask Time
1.2385938 1.2051484 1.2720391 2020-06-01 07:17:48
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