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Forex Trend Analysis Report

Prepared for you on Thursday, February 13, 2025.

British Pound/Euro (FOREX:GBPEUR)

Sidelines Mode (+55) - GBPEUR is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid GBPEUR?

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

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

FOREX_GBPEUR
Open High Low GBPEUR Price Change
1.197025 1.199350 1.196600 1.199100 +0.002075
Entry Signal

MarketClub’s Trade Triangles for GBPEUR

long term down The long-term trend has been DOWN since Jan 14th, 2025 at 1.183795

intermediate term up The intermediate-term trend has been UP since Feb 2nd, 2025 at 1.197060

short term down The short-term trend has been DOWN since Feb 12th, 2025 at 1.197160

Smart Scan Analysis for GBPEUR

Based on our trend formula, GBPEUR is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for GBPEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.197025 1.199350 1.196600 1.199100 +0.002075
Prev. Close Volume Bid Ask Time
1.197025 2025-02-13 02:09:55
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