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Forex Trend Analysis Report
Prepared for you on Thursday, August 18, 2022.
British Pound/ (FOREX:GBPSLL)
Bull Market Weakness (+75) - GBPSLL is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on GBPSLL as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid GBPSLL?
MarketClub looks at technical strength and momentum to determine if the timing is right for GBPSLL.
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 GBPSLL
The long-term trend has been UP since Oct 19th, 2021 at 14597.136
The intermediate-term trend has been UP since Jul 14th, 2022 at 16052.281
The short-term trend has been UP since Jul 14th, 2022 at 16052.281
Smart Scan Analysis for GBPSLL
Based on our trend formula, GBPSLL is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 16869.895 | 16869.895 | 16869.895 | 16869.895 | 0.000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 16869.895 | 2022-08-16 07:16:44 |