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Forex Trend Analysis Report
Prepared for you on Wednesday, April 24, 2024.
British Pound/Tongan Pa'anga (FOREX:GBPTOP)
Strong Downtrend (-100) - GBPTOP is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, GBPTOP continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid GBPTOP?
MarketClub looks at technical strength and momentum to determine if the timing is right for GBPTOP.
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 GBPTOP
The long-term trend has been DOWN since Apr 22nd, 2024 at 2.98660
The intermediate-term trend has been DOWN since Apr 2nd, 2024 at 3.03475
The short-term trend has been DOWN since Apr 2nd, 2024 at 3.03200
Smart Scan Analysis for GBPTOP
Based on our trend formula, GBPTOP is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2.96975 | 2.96975 | 2.96975 | 2.96975 | 0.00000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2.96975 | 2.85220 | 3.08730 | 2024-04-22 23:36:34 |