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Forex Trend Analysis Report

Prepared for you on Friday, March 5, 2021.

British Pound/ (FOREX:GBPSLL)

Countertrend Up (+85) - GBPSLL 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 GBPSLL?

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

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

FOREX_GBPSLL
Open High Low GBPSLL Price Change
14213.048 14213.048 14213.048 14213.048 0.000
Entry Signal

MarketClub’s Trade Triangles for GBPSLL

long term up The long-term trend has been UP since Jul 27th, 2020 at 12426.031

intermediate term up The intermediate-term trend has been UP since Feb 1st, 2021 at 14021.950

short term down The short-term trend has been DOWN since Mar 3rd, 2021 at 14385.357

Smart Scan Analysis for GBPSLL

Based on our trend formula, GBPSLL is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for GBPSLL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
14213.048 14213.048 14213.048 14213.048 0.000
Prev. Close Volume Bid Ask Time
14213.048 2021-03-04 07:36:15
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