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Forex Trend Analysis Report

Prepared for you on Monday, February 17, 2020.

British Pound/ (FOREX:GBPSRD)

Crossroads (-60) - GBPSRD is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid ?

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

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

FOREX_GBPSRD
Open High Low GBPSRD Price Change
9.692 9.692 9.692 9.692 0.000
Entry Signal

MarketClub’s Trade Triangles for GBPSRD

long term up The long-term trend has been UP since Oct 22nd, 2019 at 9.3545

intermediate term down The intermediate-term trend has been DOWN since Jan 29th, 2020 at 9.7605

short term down The short-term trend has been DOWN since Jan 29th, 2020 at 9.7605

Smart Scan Analysis for GBPSRD

Based on our trend formula, GBPSRD is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for GBPSRD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
9.692 9.692 9.692 9.692 0.000
Prev. Close Volume Bid Ask Time
9.689 9.572 9.812 2020-02-13 23:17:46
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