Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Thursday, December 3, 2020.

British Pound/Japanese Yen (FOREX:GBPJPY)

Strong Uptrend (+100) - GBPJPY is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, GBPJPY continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

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

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

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

FOREX_GBPJPY
Open High Low GBPJPY Price Change
139.8525 140.2915 139.6675 140.0505 +0.1980
Entry Signal

MarketClub’s Trade Triangles for GBPJPY

long term up The long-term trend has been UP since Jun 5th, 2020 at 139.1685

intermediate term up The intermediate-term trend has been UP since Nov 9th, 2020 at 137.6500

short term up The short-term trend has been UP since Dec 1st, 2020 at 139.5900

Smart Scan Analysis for GBPJPY

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

+100
Smart Scan Analysis for GBPJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
139.8525 140.2915 139.6675 140.0505 +0.1980
Prev. Close Volume Bid Ask Time
139.8525 2020-12-03 12:09:13
Get a free daily analysis and signals for British Pound/Japanese Yen (GBPJPY) - Request Your Free Report.