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Forex Trend Analysis Report

Prepared for you on Friday, August 19, 2022.

British Pound/Surinamese Dollar (FOREX:GBPSRD)

Bull Market Weakness (+75) - GBPSRD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on GBPSRD as it may be in the beginning stages of a reversal.

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
28.947 28.947 28.947 28.947 0.000
Entry Signal

MarketClub’s Trade Triangles for GBPSRD

long term up The long-term trend has been UP since Jun 28th, 2022 at 27.3610

intermediate term up The intermediate-term trend has been UP since Jul 21st, 2022 at 27.3705

short term up The short-term trend has been UP since Jun 28th, 2022 at 26.7585

Smart Scan Analysis for GBPSRD

Based on our trend formula, GBPSRD is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for GBPSRD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
28.947 28.947 28.947 28.947 0.000
Prev. Close Volume Bid Ask Time
28.947 28.663 29.231 2022-08-19 12:44:31
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