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Forex Trend Analysis Report
Prepared for you on Thursday, September 12, 2024.
British Pound/ (FOREX:GBPGHS)
Countertrend Up (+85) - GBPGHS 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 GBPGHS?
MarketClub looks at technical strength and momentum to determine if the timing is right for GBPGHS.
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 GBPGHS
The long-term trend has been UP since Jul 23rd, 2023 at 14.896276
The intermediate-term trend has been UP since Aug 14th, 2024 at 19.997626
The short-term trend has been UP since Aug 12th, 2024 at 19.857601
Smart Scan Analysis for GBPGHS
Based on our trend formula, GBPGHS is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 20.598852 | 20.633039 | 20.598852 | 20.633039 | +0.034187 |
| Prev. Close | Volume | Bid | Ask | Time |
| 20.633039 | 2024-09-07 04:49:22 |