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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
/British Pound (FOREX:GHSGBP)
Bear Market Rally (-75) - GHSGBP is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on GHSGBP as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid GHSGBP?
MarketClub looks at technical strength and momentum to determine if the timing is right for GHSGBP.
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 GHSGBP
The long-term trend has been DOWN since Jul 23rd, 2023 at 0.06713112
The intermediate-term trend has been DOWN since Jan 21st, 2024 at 0.06540241
The short-term trend has been UP since Jul 21st, 2024 at 0.05004773
Smart Scan Analysis for GHSGBP
Based on our trend formula, GHSGBP is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
![Smart Scan Analysis for GHSGBP](/img/sites/trend-web/images/trend-slider.png)
Open | High | Low | Price | Change |
---|---|---|---|---|
0.05013858 | 0.05014482 | 0.05013858 | 0.05014482 | +0.00000600 |
Prev. Close | Volume | Bid | Ask | Time |
0.05013858 | 2024-07-26 14:00:13 |