Forex Trend Analysis Report
Prepared for you on Tuesday, March 21, 2023.
British Pound/Ukrainian Hryvnia (FOREX:GBPUAH)
Sidelines Mode (+50) - GBPUAH is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until GBPUAH can gain momentum.
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 Mar 8th, 2023 at 43.853022
The intermediate-term trend has been UP since Mar 17th, 2023 at 44.661002
The short-term trend has been UP since Mar 15th, 2023 at 44.335571
Smart Scan Analysis for GBPUAH
Based on our trend formula, GBPUAH is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).