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Forex Trend Analysis Report

Prepared for you on Monday, December 11, 2023.

British Pound/Ukrainian Hryvnia (FOREX:GBPUAH)

Crossroads (-60) - GBPUAH 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 GBPUAH?

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

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

FOREX_GBPUAH
Open High Low GBPUAH Price Change
46.208401 46.208401 46.205436 46.205436 -0.002965
Entry Signal

MarketClub’s Trade Triangles for GBPUAH

long term down The long-term trend has been DOWN since Oct 6th, 2023 at 46.012335

intermediate term up The intermediate-term trend has been UP since Nov 16th, 2023 at 44.793344

short term up The short-term trend has been UP since Nov 16th, 2023 at 44.793344

Smart Scan Analysis for GBPUAH

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

-60
Smart Scan Analysis for GBPUAH
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
46.208401 46.208401 46.205436 46.205436 -0.002965
Prev. Close Volume Bid Ask Time
46.162354 2023-12-08 20:32:20
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