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Forex Trend Analysis Report

Prepared for you on Sunday, December 5, 2021.

US Dollar/British Pound (FOREX:USDGBP)

Bull Market Weakness (+75) - USDGBP is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on USDGBP as it may be in the beginning stages of a reversal.

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

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

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

FOREX_USDGBP
Open High Low USDGBP Price Change
0.7557151 0.7557151 0.7555725 0.7557151 0.0000000
Entry Signal

MarketClub’s Trade Triangles for USDGBP

long term up The long-term trend has been UP since Jul 19th, 2021 at 0.731550

intermediate term up The intermediate-term trend has been UP since Nov 4th, 2021 at 0.736965

short term down The short-term trend has been DOWN since Nov 30th, 2021 at 0.748150

Smart Scan Analysis for USDGBP

Based on our trend formula, USDGBP is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for USDGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.7557151 0.7557151 0.7555725 0.7557151 0.0000000
Prev. Close Volume Bid Ask Time
0.7557151 2021-12-05 04:21:13
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