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Forex Trend Analysis Report
Prepared for you on Saturday, February 22, 2025.
British Pound/ (FOREX:GBPLRD)
Countertrend Up (+85) - GBPLRD is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid GBPLRD?
MarketClub looks at technical strength and momentum to determine if the timing is right for GBPLRD.
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 GBPLRD
The long-term trend has been UP since Feb 2nd, 2025 at 245.81032
The intermediate-term trend has been UP since Jan 23rd, 2025 at 233.58941
The short-term trend has been UP since Jan 19th, 2025 at 231.09047
Smart Scan Analysis for GBPLRD
Based on our trend formula, GBPLRD is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 252.29208 | 252.29208 | 252.29208 | 252.29208 | 0.00000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 252.29208 | 2025-02-22 01:41:05 |