Forex Trend Analysis Report
Prepared for you on Monday, May 25, 2020.
British Pound/Ukrainian Hryvnia (FOREX:GBPUAH)
Sidelines Mode (-55) - GBPUAH is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement 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 UP since Jan 29th, 2020 at 32.302160
The intermediate-term trend has been DOWN since May 11th, 2020 at 33.512997
The short-term trend has been UP since May 21st, 2020 at 32.654873
Smart Scan Analysis for GBPUAH
Based on our trend formula, GBPUAH is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).