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Forex Trend Analysis Report

Prepared for you on Friday, April 12, 2024.

British Pound/ (FOREX:GBPGHS)

Long-Term Uptrend (+90) - GBPGHS is in a strong uptrend that is likely to continue. While GBPGHS is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

Is it time to buy, sell, or avoid GBPGHS?

MarketClub looks at technical strength and momentum to determine if the timing is right for GBPGHS.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_GBPGHS
Open High Low GBPGHS Price Change
16.9993 16.9993 16.9993 16.9993 0.0000
Entry Signal

MarketClub’s Trade Triangles for GBPGHS

long term up The long-term trend has been UP since Jul 23rd, 2023 at 14.896276

intermediate term up The intermediate-term trend has been UP since Jan 21st, 2024 at 15.290011

short term up The short-term trend has been UP since Feb 8th, 2024 at 15.623003

Smart Scan Analysis for GBPGHS

Based on our trend formula, GBPGHS is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for GBPGHS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
16.9993 16.9993 16.9993 16.9993 0.0000
Prev. Close Volume Bid Ask Time
16.7618 2024-04-09 07:25:46
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