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Forex Trend Analysis Report
Prepared for you on Friday, May 9, 2025.
/British Pound (FOREX:BTNGBP)
Countertrend Down (-85) - BTNGBP is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
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 DOWN since Feb 17th, 2025 at 0.00913976
The intermediate-term trend has been DOWN since Apr 13th, 2025 at 0.00894799
The short-term trend has been UP since May 2nd, 2025 at 0.00881528
Smart Scan Analysis for BTNGBP
Based on our trend formula, BTNGBP is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00890597 | 0.00890597 | 0.00890597 | 0.00890597 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00890597 | 2025-05-04 11:00:59 |