Forex Trend Analysis Report
Prepared for you on Thursday, March 28, 2024.
British Pound/Ugandan Shilling (FOREX:GBPUGX)
Weak Downtrend (-65) - GBPUGX is showing signs of a strengthening downtrend. Monitor GBPUGX as it may be building momentum to the downside.
Is it time to buy, sell, or avoid GBPUGX?
MarketClub looks at technical strength and momentum to determine if the timing is right for GBPUGX.
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 GBPUGX
The long-term trend has been UP since Nov 24th, 2023 at 4760.4513
The intermediate-term trend has been DOWN since Mar 19th, 2024 at 4944.6443
The short-term trend has been DOWN since Mar 18th, 2024 at 4976.8485
Smart Scan Analysis for GBPUGX
Based on our trend formula, GBPUGX is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
4927.7805 | 4927.7805 | 4927.7805 | 4927.7805 | 0.0000 |
Prev. Close | Volume | Bid | Ask | Time |
4906.6007 | 2024-03-19 22:06:41 |