Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Wednesday, November 20, 2024.

British Pound/ (FOREX:GBPGHS)

Weak Downtrend (-65) - GBPGHS is showing signs of a strengthening downtrend. Monitor GBPGHS as it may be building momentum to the downside.

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
20.141463 20.141463 20.141463 20.141463 0.000000
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 down The intermediate-term trend has been DOWN since Nov 18th, 2024 at 21.041133

short term down The short-term trend has been DOWN since Nov 18th, 2024 at 20.865977

Smart Scan Analysis for GBPGHS

Based on our trend formula, GBPGHS is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for GBPGHS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
20.141463 20.141463 20.141463 20.141463 0.000000
Prev. Close Volume Bid Ask Time
20.141463 2024-11-18 07:25:24
Get a free daily analysis and signals for British Pound/ (GBPGHS) - Request Your Free Report.