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.
MarketClub’s Trade Triangles for GBPUAH
The long-term trend has been UP since Jan 29th, 2020 at 32.302160
The intermediate-term trend has been UP since Apr 18th, 2021 at 38.559922
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).