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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
British Pound/ (FOREX:GBPGHS)
Bull Market Weakness (+75) - GBPGHS is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on GBPGHS as it may be in the beginning stages of a reversal.
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.
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MarketClub’s Trade Triangles for GBPGHS
The long-term trend has been UP since Jul 23rd, 2023 at 14.896276
The intermediate-term trend has been UP since Jan 21st, 2024 at 15.290011
The short-term trend has been DOWN since Jul 21st, 2024 at 19.980972
Smart Scan Analysis for GBPGHS
Based on our trend formula, GBPGHS is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 19.944766 | 19.944766 | 19.942284 | 19.942284 | -0.002482 |
| Prev. Close | Volume | Bid | Ask | Time |
| 19.944766 | 2024-07-26 14:00:13 |