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.
MarketClub’s Trade Triangles for GBPSRD
The long-term trend has been UP since Jun 28th, 2022 at 27.3610
The intermediate-term trend has been UP since Jul 21st, 2022 at 27.3705
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).