Forex Trend Analysis Report
Prepared for you on Thursday, February 25, 2021.
British Pound/Khazanah Sukuk (FOREX:GBPLFX)
Long-Term Uptrend (+90) - GBPLFX is in a strong uptrend that is likely to continue. While GBPLFX is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution 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 Dec 24th, 2020 at 2.60185
The short-term trend has been UP since Feb 10th, 2021 at 2.63555
Smart Scan Analysis for GBPLFX
Based on our trend formula, GBPLFX is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).