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Forex Trend Analysis Report

Prepared for you on Monday, May 10, 2021.

British Pound/Cuban Peso (FOREX:GBPCUP)

Countertrend Up (+85) - GBPCUP 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 GBPCUP?

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

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

FOREX_GBPCUP
Open High Low GBPCUP Price Change
33.385342 33.385342 33.385342 33.385342 0.000000
Entry Signal

MarketClub’s Trade Triangles for GBPCUP

long term up The long-term trend has been UP since Jan 21st, 2021 at 32.806617

intermediate term up The intermediate-term trend has been UP since Apr 18th, 2021 at 33.234737

short term up The short-term trend has been UP since Apr 18th, 2021 at 33.105519

Smart Scan Analysis for GBPCUP

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

+80
Smart Scan Analysis for GBPCUP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
33.385342 33.385342 33.385342 33.385342 0.000000
Prev. Close Volume Bid Ask Time
33.385342 2021-05-08 11:31:01
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