Forex Trend Analysis Report
Prepared for you on Thursday, March 28, 2024.
Tongan Pa'anga/British Pound (FOREX:TOPGBP)
Long-Term Downtrend (-90) - TOPGBP is in a strong downtrend that is likely to continue. While TOPGBP is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid TOPGBP?
MarketClub looks at technical strength and momentum to determine if the timing is right for TOPGBP.
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 TOPGBP
The long-term trend has been DOWN since Jan 31st, 2024 at 0.33265
The intermediate-term trend has been DOWN since Feb 28th, 2024 at 0.33195
The short-term trend has been DOWN since Feb 28th, 2024 at 0.33285
Smart Scan Analysis for TOPGBP
Based on our trend formula, TOPGBP is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
0.33005 | 0.33005 | 0.32965 | 0.32965 | -0.00040 |
Prev. Close | Volume | Bid | Ask | Time |
0.33115 | 0.31630 | 0.34300 | 2024-03-19 23:52:28 |