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Forex Trend Analysis Report

Prepared for you on Thursday, January 27, 2022.

British Pound/Belarusian Ruble (FOREX:GBPBYN)

Countertrend Up (+85) - GBPBYN 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 GBPBYN?

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

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

FOREX_GBPBYN
Open High Low GBPBYN Price Change
3.5338661 3.5338661 3.5338661 3.5338661 0.0000000
Entry Signal

MarketClub’s Trade Triangles for GBPBYN

long term up The long-term trend has been UP since Jan 3rd, 2022 at 3.4454642

intermediate term up The intermediate-term trend has been UP since Dec 28th, 2021 at 3.3841664

short term up The short-term trend has been UP since Dec 22nd, 2021 at 3.3573147

Smart Scan Analysis for GBPBYN

Based on our trend formula, GBPBYN is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for GBPBYN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.5338661 3.5338661 3.5338661 3.5338661 0.0000000
Prev. Close Volume Bid Ask Time
3.5338661 2022-01-26 07:15:28
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