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Forex Trend Analysis Report

Prepared for you on Tuesday, February 4, 2025.

British Pound/Japanese Yen (FOREX:GBPJPY)

Weak Downtrend (-65) - GBPJPY is showing signs of a strengthening downtrend. Monitor GBPJPY as it may be building momentum to the downside.

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
192.6785 193.1535 191.0480 191.1770 -1.5015
Entry Signal

MarketClub’s Trade Triangles for GBPJPY

long term up The long-term trend has been UP since Dec 25th, 2024 at 199.8065

intermediate term down The intermediate-term trend has been DOWN since Jan 9th, 2025 at 193.6575

short term down The short-term trend has been DOWN since Feb 2nd, 2025 at 191.1915

Smart Scan Analysis for GBPJPY

Based on our trend formula, GBPJPY is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for GBPJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
192.6785 193.1535 191.0480 191.1770 -1.5015
Prev. Close Volume Bid Ask Time
192.6785 2025-02-04 23:04:29
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