Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Monday, January 24, 2022.

British Pound/ (FOREX:GBPAWG)

Crossroads (-60) - GBPAWG 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 GBPAWG?

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

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

FOREX_GBPAWG
Open High Low GBPAWG Price Change
2.4563211 2.4563211 2.4563211 2.4563211 0.0000000
Entry Signal

MarketClub’s Trade Triangles for GBPAWG

long term down The long-term trend has been DOWN since Jul 7th, 2021 at 2.4800050

intermediate term up The intermediate-term trend has been UP since Dec 24th, 2021 at 2.4037980

short term up The short-term trend has been UP since Dec 22nd, 2021 at 2.3907399

Smart Scan Analysis for GBPAWG

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

-60
Smart Scan Analysis for GBPAWG
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.4563211 2.4563211 2.4563211 2.4563211 0.0000000
Prev. Close Volume Bid Ask Time
2.4349053 2022-01-20 10:42:47
Get a free daily analysis and signals for British Pound/ (GBPAWG) - Request Your Free Report.