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Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
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.
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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 UP since Aug 28th, 2024 at 36.8275
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 +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 45.452 | 45.452 | 45.452 | 45.452 | 0.000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 44.895 | 45.011 | 45.893 | 2024-11-11 09:38:56 |