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Forex Trend Analysis Report
Prepared for you on Friday, April 26, 2024.
British Pound/Ugandan Shilling (FOREX:GBPUGX)
Bear Market Rally (-75) - GBPUGX is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on GBPUGX as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid GBPUGX?
MarketClub looks at technical strength and momentum to determine if the timing is right for GBPUGX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for GBPUGX
The long-term trend has been DOWN since Apr 14th, 2024 at 4797.9593
The intermediate-term trend has been DOWN since Mar 19th, 2024 at 4944.6443
The short-term trend has been UP since Apr 25th, 2024 at 4744.6339
Smart Scan Analysis for GBPUGX
Based on our trend formula, GBPUGX is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 4765.2924 | 4765.2924 | 4765.2924 | 4765.2924 | 0.0000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 4765.2924 | 2024-04-25 07:26:32 |