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Forex Trend Analysis Report

Prepared for you on Friday, May 9, 2025.

British Pound/Special drawing rights (FOREX:GBPXDR)

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

Is it time to buy, sell, or avoid GBPXDR?

MarketClub looks at technical strength and momentum to determine if the timing is right for GBPXDR.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_GBPXDR
Open High Low GBPXDR Price Change
0.9566584 0.9566584 0.9566584 0.9566584 0.0000000
Entry Signal

MarketClub’s Trade Triangles for GBPXDR

long term up The long-term trend has been UP since Mar 13th, 2025 at 0.9737345

intermediate term down The intermediate-term trend has been DOWN since Apr 6th, 2025 at 0.9691944

short term down The short-term trend has been DOWN since May 2nd, 2025 at 0.9596067

Smart Scan Analysis for GBPXDR

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

-70
Smart Scan Analysis for GBPXDR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.9566584 0.9566584 0.9566584 0.9566584 0.0000000
Prev. Close Volume Bid Ask Time
0.9566584 2025-05-04 11:00:59
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