Forex Trend Analysis Report
Prepared for you on Monday, November 30, 2020.
British Pound/Khazanah Sukuk (FOREX:GBPLFX)
Countertrend Up (+85) - GBPLFX is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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 UP since Aug 28th, 2020 at 2.60215
The intermediate-term trend has been UP since Oct 12th, 2020 at 2.56685
The short-term trend has been DOWN since Nov 26th, 2020 at 2.59495
Smart Scan Analysis for GBPLFX
Based on our trend formula, GBPLFX is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).