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.
MarketClub’s Trade Triangles for GBPUAH
The long-term trend has been DOWN since Oct 6th, 2023 at 46.012335
The intermediate-term trend has been UP since Nov 16th, 2023 at 44.793344
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).