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Forex Trend Analysis Report
Prepared for you on Tuesday, April 16, 2024.
British Pound/Belarusian Ruble (FOREX:GBPBYN)
Strong Downtrend (-100) - GBPBYN is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, GBPBYN continues to fall. Traders should use caution and set stops.
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.
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MarketClub’s Trade Triangles for GBPBYN
The long-term trend has been DOWN since Apr 2nd, 2024 at 4.1072869
The intermediate-term trend has been DOWN since Mar 28th, 2024 at 4.1347215
The short-term trend has been DOWN since Apr 13th, 2024 at 4.1150832
Smart Scan Analysis for GBPBYN
Based on our trend formula, GBPBYN is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 4.0809323 | 4.0809323 | 4.0809323 | 4.0809323 | 0.0000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 4.0755622 | 2024-04-13 18:02:06 |