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Forex Trend Analysis Report

Prepared for you on Saturday, March 6, 2021.

British Pound/ (FOREX:GBPRSD)

Weak Uptrend (+65) - GBPRSD is showing signs of weakening momentum to the upside. Monitor GBPRSD as it may be in the beginning stages of a reversal.

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

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

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

FOREX_GBPRSD
Open High Low GBPRSD Price Change
136.02639 136.02639 136.02639 136.02639 0.00000
Entry Signal

MarketClub’s Trade Triangles for GBPRSD

long term up The long-term trend has been UP since Sep 20th, 2019 at 133.57000

intermediate term up The intermediate-term trend has been UP since Oct 14th, 2019 at 133.77500

short term down The short-term trend has been DOWN since Mar 1st, 2021 at 136.04301

Smart Scan Analysis for GBPRSD

Based on our trend formula, GBPRSD is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for GBPRSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
136.02639 136.02639 136.02639 136.02639 0.00000
Prev. Close Volume Bid Ask Time
136.02639 2021-03-05 07:55:16
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