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Forex Trend Analysis Report

Prepared for you on Friday, February 26, 2021.

/British Pound (FOREX:SLLGBP)

Long-Term Downtrend (-90) - SLLGBP is in a strong downtrend that is likely to continue. While SLLGBP is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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

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

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

FOREX_SLLGBP
Open High Low SLLGBP Price Change
0.00006945 0.00006945 0.00006945 0.00006945 0.00000000
Entry Signal

MarketClub’s Trade Triangles for SLLGBP

long term down The long-term trend has been DOWN since Jul 27th, 2020 at 0.00008052

intermediate term down The intermediate-term trend has been DOWN since Feb 1st, 2021 at 0.00007133

short term down The short-term trend has been DOWN since Feb 8th, 2021 at 0.00007156

Smart Scan Analysis for SLLGBP

Based on our trend formula, SLLGBP is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for SLLGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00006945 0.00006945 0.00006945 0.00006945 0.00000000
Prev. Close Volume Bid Ask Time
0.00007048 2021-02-24 07:23:15
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