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.
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MarketClub’s Trade Triangles for GBPJPY
The long-term trend has been UP since Jan 19th, 2024 at 188.66300
The intermediate-term trend has been DOWN since Mar 11th, 2024 at 188.25592
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).
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 |