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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
British Pound/ (FOREX:GBPGEL)
Weak Downtrend (-65) - GBPGEL is showing signs of a strengthening downtrend. Monitor GBPGEL as it may be building momentum to the downside.
Is it time to buy, sell, or avoid GBPGEL?
MarketClub looks at technical strength and momentum to determine if the timing is right for GBPGEL.
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 GBPGEL
The long-term trend has been UP since May 15th, 2024 at 3.4508618
The intermediate-term trend has been DOWN since Jun 20th, 2024 at 3.5353889
The short-term trend has been DOWN since Jul 8th, 2024 at 3.5405839
Smart Scan Analysis for GBPGEL
Based on our trend formula, GBPGEL is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 3.4967962 | 3.4967962 | 3.4967962 | 3.4967962 | 0.0000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 3.4967962 | 2024-07-25 12:05:15 |