Forex Trend Analysis Report
Prepared for you on Wednesday, January 19, 2022.
British Pound/ (FOREX:GBPBTN)
Sidelines Mode (+50) - GBPBTN is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until GBPBTN can gain momentum.
Is it time to buy, sell, or avoid GBPBTN?
MarketClub looks at technical strength and momentum to determine if the timing is right for GBPBTN.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for GBPBTN
The long-term trend has been DOWN since Aug 20th, 2021 at 101.46002
The intermediate-term trend has been UP since Nov 29th, 2021 at 100.09016
The short-term trend has been UP since Jan 12th, 2022 at 100.59793
Smart Scan Analysis for GBPBTN
Based on our trend formula, GBPBTN is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).