Forex Trend Analysis Report
Prepared for you on Friday, March 5, 2021.
British Pound/Surinamese Dollar (FOREX:GBPSRD)
Weak Uptrend (+65) - GBPSRD is showing signs of weakening momentum to the upside. Monitor 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.
MarketClub’s Trade Triangles for GBPSRD
The long-term trend has been UP since Aug 5th, 2020 at 9.5080
The intermediate-term trend has been UP since Dec 14th, 2020 at 18.8705
The short-term trend has been DOWN since Mar 4th, 2021 at 19.7455
Smart Scan Analysis for GBPSRD
Based on our trend formula, GBPSRD is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).