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Forex Trend Analysis Report

Prepared for you on Monday, August 3, 2020.

British Pound/Japanese Yen (FOREX:GBPJPY)

Strong Uptrend (+100) - GBPJPY is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, GBPJPY continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

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

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

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

FOREX_GBPJPY
Open High Low GBPJPY Price Change
138.6175 138.7100 137.7555 138.6630 +0.0455
Entry Signal

MarketClub’s Trade Triangles for GBPJPY

long term up The long-term trend has been UP since Jun 5th, 2020 at 139.16850

intermediate term up The intermediate-term trend has been UP since Jul 20th, 2020 at 135.91050

short term up The short-term trend has been UP since Jul 28th, 2020 at 136.01983

Smart Scan Analysis for GBPJPY

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

+100
Smart Scan Analysis for GBPJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
138.6175 138.7100 137.7555 138.6630 +0.0455
Prev. Close Volume Bid Ask Time
138.6175 138.6530 138.6730 2020-08-03 20:24:32
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