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Forex Trend Analysis Report

Prepared for you on Sunday, September 24, 2023.

/British Pound (FOREX:GHSGBP)

Sidelines Mode (+50) - GHSGBP is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until GHSGBP can gain momentum.

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.

FOREX_GHSGBP
Open High Low GHSGBP Price Change
0.07009173 0.07009173 0.07009173 0.07009173 0.00000000
Entry Signal

MarketClub’s Trade Triangles for GHSGBP

long term down The long-term trend has been DOWN since Jul 23rd, 2023 at 0.06713112

intermediate term up The intermediate-term trend has been UP since Jul 31st, 2023 at 0.06710470

short term up The short-term trend has been UP since Sep 5th, 2023 at 0.06985185

Smart Scan Analysis for GHSGBP

Based on our trend formula, GHSGBP is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+50
Smart Scan Analysis for GHSGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.07009173 0.07009173 0.07009173 0.07009173 0.00000000
Prev. Close Volume Bid Ask Time
0.07086184 2023-09-16 10:26:26
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