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Forex Trend Analysis Report

Prepared for you on Monday, May 25, 2020.

British Pound/Khazanah Sukuk (FOREX:GBPLFX)

Strong Downtrend (-100) - GBPLFX is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.

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

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

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

FOREX_GBPLFX
Open High Low GBPLFX Price Change
2.53495 2.53605 2.53395 2.53485 -0.00010
Entry Signal

MarketClub’s Trade Triangles for GBPLFX

long term down The long-term trend has been DOWN since Mar 2nd, 2020 at 2.61735

intermediate term down The intermediate-term trend has been DOWN since Feb 28th, 2020 at 2.63735

short term down The short-term trend has been DOWN since May 6th, 2020 at 2.57885

Smart Scan Analysis for GBPLFX

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

-100
Smart Scan Analysis for GBPLFX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.53495 2.53605 2.53395 2.53485 -0.00010
Prev. Close Volume Bid Ask Time
2.53495 2.53410 2.53560 2020-05-25 05:23:51
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