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Forex Trend Analysis Report

Prepared for you on Tuesday, March 19, 2024.

British Pound/Japanese Yen (FOREX:GBPJPY)

Weak Uptrend (+65) - GBPJPY is showing signs of weakening momentum to the upside. Monitor GBPJPY as it may be in the beginning stages of a reversal.

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
190.2970 191.1945 190.2640 190.8705 +0.5735
Entry Signal

MarketClub’s Trade Triangles for GBPJPY

long term up The long-term trend has been UP since Jan 19th, 2024 at 188.66300

intermediate term down The intermediate-term trend has been DOWN since Mar 11th, 2024 at 188.25592

short term up The short-term trend has been UP since Mar 13th, 2024 at 189.28350

Smart Scan Analysis for GBPJPY

Based on our trend formula, GBPJPY is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for GBPJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
190.2970 191.1945 190.2640 190.8705 +0.5735
Prev. Close Volume Bid Ask Time
190.2970 2024-03-19 05:31:54
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