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Forex Trend Analysis Report

Prepared for you on Tuesday, July 7, 2020.

Euro/British Pound (FOREX:EURGBP)

Long-Term Uptrend (+90) - EURGBP is in a strong uptrend that is likely to continue. While EURGBP is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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

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

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

FOREX_EURGBP
Open High Low EURGBP Price Change
0.904780 0.905350 0.904095 0.904490 -0.000290
Entry Signal

MarketClub’s Trade Triangles for EURGBP

long term up The long-term trend has been UP since Mar 8th, 2020 at 0.875550

intermediate term up The intermediate-term trend has been UP since Jun 19th, 2020 at 0.905455

short term up The short-term trend has been UP since Jul 6th, 2020 at 0.906600

Smart Scan Analysis for EURGBP

Based on our trend formula, EURGBP is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for EURGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.904780 0.905350 0.904095 0.904490 -0.000290
Prev. Close Volume Bid Ask Time
0.904780 0.904440 0.904540 2020-07-07 03:03:49
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