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Index Trend Analysis Report

Prepared for you on Monday, April 6, 2020.

Invesco CurrencyShares British Pound Sterling Trust (GIF:FXB)

Bear Market Rally (-75) - FXB is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on FXB as it may be in the beginning of a reversal.

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

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

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

GIF_FXB
Open High Low FXB Price Change
119.98 119.98 118.39 118.64 -0.17
Entry Signal

MarketClub’s Trade Triangles for FXB

long term down The long-term trend has been DOWN since at

intermediate term down The intermediate-term trend has been DOWN since at

short term down The short-term trend has been DOWN since at

Smart Scan Analysis for FXB

Based on our trend formula, FXB is rated as a -80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-80
Smart Scan Analysis for FXB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
119.98 119.98 118.39 118.64 -0.17
Prev. Close Volume Bid Ask Time
120.09 0 2020-04-06 18:41:23
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