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Forex Trend Analysis Report

Prepared for you on Thursday, April 18, 2024.

British Pound/Haitian Gourde (FOREX:GBPHTG)

Long-Term Downtrend (-90) - GBPHTG is in a strong downtrend that is likely to continue. While GBPHTG 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 GBPHTG?

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

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

FOREX_GBPHTG
Open High Low GBPHTG Price Change
164.78458 165.34798 164.72643 165.07045 +0.28587
Entry Signal

MarketClub’s Trade Triangles for GBPHTG

long term down The long-term trend has been DOWN since Apr 12th, 2024 at 164.82055

intermediate term down The intermediate-term trend has been DOWN since Mar 27th, 2024 at 167.37572

short term down The short-term trend has been DOWN since Apr 10th, 2024 at 167.02565

Smart Scan Analysis for GBPHTG

Based on our trend formula, GBPHTG is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for GBPHTG
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
164.78458 165.34798 164.72643 165.07045 +0.28587
Prev. Close Volume Bid Ask Time
164.78458 2024-04-18 09:38:43
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