Forex Trend Analysis Report
Prepared for you on Monday, September 25, 2023.
Euro/British Pound (FOREX:EURGBP)
Strong Uptrend (+100) - EURGBP is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, EURGBP continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
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.
MarketClub’s Trade Triangles for EURGBP
The long-term trend has been UP since Sep 22nd, 2023 at 0.870095
The intermediate-term trend has been UP since Sep 12th, 2023 at 0.861350
The short-term trend has been UP since Sep 12th, 2023 at 0.859860
Smart Scan Analysis for EURGBP
Based on our trend formula, EURGBP is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).