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Forex Trend Analysis Report

Prepared for you on Monday, June 24, 2024.

British Pound/Ukrainian Hryvnia (FOREX:GBPUAH)

Weak Downtrend (-65) - GBPUAH is showing signs of a strengthening downtrend. Monitor GBPUAH as it may be building momentum to the downside.

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
51.076890 51.076890 51.075079 51.075079 -0.001811
Entry Signal

MarketClub’s Trade Triangles for GBPUAH

long term up The long-term trend has been UP since Dec 12th, 2023 at 46.494359

intermediate term down The intermediate-term trend has been DOWN since Jun 23rd, 2024 at 51.089877

short term down The short-term trend has been DOWN since Jun 16th, 2024 at 51.663602

Smart Scan Analysis for GBPUAH

Based on our trend formula, GBPUAH is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for GBPUAH
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
51.076890 51.076890 51.075079 51.075079 -0.001811
Prev. Close Volume Bid Ask Time
51.076890 2024-06-23 21:00:31
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