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Forex Trend Analysis Report
Prepared for you on Saturday, February 22, 2025.
British Pound/Euro (FOREX:GBPEUR)
Crossroads (+60) - GBPEUR 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 GBPEUR?
MarketClub looks at technical strength and momentum to determine if the timing is right for GBPEUR.
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 GBPEUR
The long-term trend has been DOWN since Jan 14th, 2025 at 1.183795
The intermediate-term trend has been UP since Feb 2nd, 2025 at 1.197060
The short-term trend has been UP since Feb 17th, 2025 at 1.202815
Smart Scan Analysis for GBPEUR
Based on our trend formula, GBPEUR is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.207 | 1.207 | 1.207 | 1.207 | 0.000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.207 | 2025-02-22 02:56:21 |