Forex Trend Analysis Report
Prepared for you on Tuesday, March 19, 2024.
British Pound/Bulgarian Lev (FOREX:GBPBGN)
Weak Downtrend (-65) - GBPBGN is showing signs of a strengthening downtrend. Monitor GBPBGN as it may be building momentum to the downside.
Is it time to buy, sell, or avoid GBPBGN?
MarketClub looks at technical strength and momentum to determine if the timing is right for GBPBGN.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
MarketClub’s Trade Triangles for GBPBGN
The long-term trend has been UP since Jan 23rd, 2024 at 2.2859347
The intermediate-term trend has been DOWN since Feb 20th, 2024 at 2.2820139
The short-term trend has been DOWN since Mar 13th, 2024 at 2.2869504
Smart Scan Analysis for GBPBGN
Based on our trend formula, GBPBGN is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
2.287044 | 2.287044 | 2.287044 | 2.287044 | 0.000000 |
Prev. Close | Volume | Bid | Ask | Time |
2.287044 | 2024-03-19 03:53:46 |