Forex Trend Analysis Report
Prepared for you on Tuesday, October 26, 2021.
British Pound/Khazanah Sukuk (FOREX:GBPLFX)
Crossroads (+60) - GBPLFX is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid GBPLFX?
MarketClub looks at technical strength and momentum to determine if the timing is right for GBPLFX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for GBPLFX
The long-term trend has been DOWN since Sep 29th, 2021 at 2.65925
The intermediate-term trend has been UP since Oct 15th, 2021 at 2.69465
The short-term trend has been UP since Oct 26th, 2021 at 2.69365
Smart Scan Analysis for GBPLFX
Based on our trend formula, GBPLFX is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).