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Forex Trend Analysis Report
Prepared for you on Saturday, December 7, 2024.
British Pound/Surinamese Dollar (FOREX:GBPSRD)
Sidelines Mode (-55) - GBPSRD is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid GBPSRD?
MarketClub looks at technical strength and momentum to determine if the timing is right for GBPSRD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for GBPSRD
The long-term trend has been UP since Sep 30th, 2024 at 40.5465
The intermediate-term trend has been DOWN since Nov 21st, 2024 at 44.9130
The short-term trend has been UP since Aug 28th, 2024 at 37.3010
Smart Scan Analysis for GBPSRD
Based on our trend formula, GBPSRD is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 44.8935 | 44.8935 | 44.8935 | 44.8935 | 0.0000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 44.6960 | 44.4580 | 45.3290 | 2024-11-29 09:22:08 |