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Forex Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
British Pound/Brunei Dollar (FOREX:GBPBND)
Countertrend Up (+85) - GBPBND 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 GBPBND?
MarketClub looks at technical strength and momentum to determine if the timing is right for GBPBND.
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 GBPBND
The long-term trend has been UP since Dec 18th, 2024 at 1.7186641
The intermediate-term trend has been UP since Dec 6th, 2024 at 1.6982036
The short-term trend has been UP since Dec 17th, 2024 at 1.7107084
Smart Scan Analysis for GBPBND
Based on our trend formula, GBPBND is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.731111 | 1.731111 | 1.731111 | 1.731111 | 0.000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.731111 | 2024-12-25 04:48:06 |