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Forex Trend Analysis Report
Prepared for you on Tuesday, October 8, 2024.
/British Pound (FOREX:GHSGBP)
Bear Market Rally (-75) - GHSGBP is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on GHSGBP as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid GHSGBP?
MarketClub looks at technical strength and momentum to determine if the timing is right for GHSGBP.
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 GHSGBP
The long-term trend has been DOWN since Jul 23rd, 2023 at 0.06713112
The intermediate-term trend has been DOWN since Aug 14th, 2024 at 0.05000605
The short-term trend has been UP since Oct 3rd, 2024 at 0.04751692
Smart Scan Analysis for GHSGBP
Based on our trend formula, GHSGBP is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.04800824 | 0.04800824 | 0.04794232 | 0.04794232 | -0.00006600 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.04800824 | 2024-10-05 07:23:01 |