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Forex Trend Analysis Report

Prepared for you on Saturday, October 26, 2024.

Belarusian Ruble/British Pound (FOREX:BYNGBP)

Crossroads (-60) - BYNGBP is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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

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

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

FOREX_BYNGBP
Open High Low BYNGBP Price Change
0.23422886 0.23422886 0.23422886 0.23422886 0.00000000
Entry Signal

MarketClub’s Trade Triangles for BYNGBP

long term down The long-term trend has been DOWN since Jun 9th, 2024 at 0.23867863

intermediate term up The intermediate-term trend has been UP since Oct 10th, 2024 at 0.23280110

short term up The short-term trend has been UP since Oct 10th, 2024 at 0.23192864

Smart Scan Analysis for BYNGBP

Based on our trend formula, BYNGBP is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for BYNGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.23422886 0.23422886 0.23422886 0.23422886 0.00000000
Prev. Close Volume Bid Ask Time
0.23514430 2024-10-19 08:23:40
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