Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Saturday, May 30, 2020.

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
132.93118 132.97311 132.93118 132.93118 0.00000
Entry Signal

MarketClub’s Trade Triangles for GBPJPY

long term down The long-term trend has been DOWN since Feb 28th, 2020 at 139.29804

intermediate term down The intermediate-term trend has been DOWN since Apr 21st, 2020 at 132.28550

short term up The short-term trend has been UP since May 26th, 2020 at 131.82200

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
132.93118 132.97311 132.93118 132.93118 0.00000
Prev. Close Volume Bid Ask Time
132.93118 132.91268 132.94967 2020-05-30 21:59:11
Get a free daily analysis and signals for British Pound/Japanese Yen (GBPJPY) - Request Your Free Report.