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Forex Trend Analysis Report

Prepared for you on Monday, March 18, 2024.

US Dollar/Saint Helenian Pound (FOREX:USDSHP)

Sidelines Mode (+55) - USDSHP is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid USDSHP?

MarketClub looks at technical strength and momentum to determine if the timing is right for USDSHP.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_USDSHP
Open High Low USDSHP Price Change
1.2742 1.2742 1.2730 1.2730 -0.0012
Entry Signal

MarketClub’s Trade Triangles for USDSHP

long term up The long-term trend has been UP since Mar 8th, 2024 at 1.27945

intermediate term up The intermediate-term trend has been UP since Feb 26th, 2024 at 1.26625

short term down The short-term trend has been DOWN since Mar 18th, 2024 at 1.27325

Smart Scan Analysis for USDSHP

Based on our trend formula, USDSHP is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for USDSHP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.2742 1.2742 1.2730 1.2730 -0.0012
Prev. Close Volume Bid Ask Time
1.2742 2024-03-18 17:26:57
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