Forex Trend Analysis Report
Prepared for you on Wednesday, April 24, 2024.
Belarusian Ruble/British Pound (FOREX:BYNGBP)
Countertrend Up (+85) - BYNGBP 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 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.
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MarketClub’s Trade Triangles for BYNGBP
The long-term trend has been UP since Apr 2nd, 2024 at 0.24347022
The intermediate-term trend has been UP since Mar 28th, 2024 at 0.24185474
The short-term trend has been UP since Apr 16th, 2024 at 0.24300894
Smart Scan Analysis for BYNGBP
Based on our trend formula, BYNGBP is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
0.24756149 | 0.24756149 | 0.24756149 | 0.24756149 | 0.00000000 |
Prev. Close | Volume | Bid | Ask | Time |
0.24652904 | 2024-04-22 21:00:58 |