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Forex Trend Analysis Report
Prepared for you on Thursday, January 2, 2025.
/British Pound (FOREX:BTNGBP)
Countertrend Up (+85) - BTNGBP is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid BTNGBP?
MarketClub looks at technical strength and momentum to determine if the timing is right for BTNGBP.
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 BTNGBP
The long-term trend has been UP since Dec 21st, 2024 at 0.00936120
The intermediate-term trend has been UP since Dec 15th, 2024 at 0.00930158
The short-term trend has been UP since Dec 15th, 2024 at 0.00929562
Smart Scan Analysis for BTNGBP
Based on our trend formula, BTNGBP is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00940718 | 0.00940718 | 0.00940718 | 0.00940718 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00936581 | 2024-12-21 08:23:56 |