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Forex Trend Analysis Report

Prepared for you on Friday, June 5, 2020.

British Pound/ (FOREX:GBPGHS)

Sidelines Mode (+50) - GBPGHS is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until GBPGHS can gain momentum.

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.

FOREX_GBPGHS
Open High Low GBPGHS Price Change
7.299414 7.299414 7.299414 7.299414 0.000000
Entry Signal

MarketClub’s Trade Triangles for GBPGHS

long term down The long-term trend has been DOWN since Feb 4th, 2020 at 7.035528

intermediate term up The intermediate-term trend has been UP since Jun 2nd, 2020 at 7.145508

short term up The short-term trend has been UP since May 21st, 2020 at 7.039461

Smart Scan Analysis for GBPGHS

Based on our trend formula, GBPGHS is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+50
Smart Scan Analysis for GBPGHS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7.299414 7.299414 7.299414 7.299414 0.000000
Prev. Close Volume Bid Ask Time
7.299414 7.271520 7.327308 2020-06-05 07:16:01
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