Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Tuesday, November 24, 2020.

British Pound/Surinamese Dollar (FOREX:GBPSRD)

Countertrend Up (+85) - GBPSRD 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 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.

FOREX_GBPSRD
Open High Low GBPSRD Price Change
18.781 18.781 18.781 18.781 0.000
Entry Signal

MarketClub’s Trade Triangles for GBPSRD

long term up The long-term trend has been UP since Aug 5th, 2020 at 9.5080

intermediate term up The intermediate-term trend has been UP since Sep 28th, 2020 at 9.8575

short term up The short-term trend has been UP since Sep 28th, 2020 at 9.8575

Smart Scan Analysis for GBPSRD

Based on our trend formula, GBPSRD is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for GBPSRD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
18.781 18.781 18.781 18.781 0.000
Prev. Close Volume Bid Ask Time
18.781 18.596 18.966 2020-11-23 00:17:47
Get a free daily analysis and signals for British Pound/Surinamese Dollar (GBPSRD) - Request Your Free Report.