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Forex Trend Analysis Report

Prepared for you on Tuesday, May 11, 2021.

British Pound/Ukrainian Hryvnia (FOREX:GBPUAH)

Countertrend Up (+85) - GBPUAH is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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
39.069973 39.069973 39.069973 39.069973 0.000000
Entry Signal

MarketClub’s Trade Triangles for GBPUAH

long term up The long-term trend has been UP since Jan 29th, 2020 at 32.302160

intermediate term up The intermediate-term trend has been UP since Apr 18th, 2021 at 38.559922

short term up The short-term trend has been UP since Apr 18th, 2021 at 38.559922

Smart Scan Analysis for GBPUAH

Based on our trend formula, GBPUAH is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for GBPUAH
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
39.069973 39.069973 39.069973 39.069973 0.000000
Prev. Close Volume Bid Ask Time
39.069973 2021-05-11 07:25:13
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