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Forex Trend Analysis Report
Prepared for you on Saturday, October 23, 2021.
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 Aug 5th, 2020 at 9.508
The intermediate-term trend has been UP since Oct 20th, 2021 at 29.318
The short-term trend has been UP since Oct 12th, 2021 at 29.297
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 |
|---|---|---|---|---|
| 29.6495 | 29.6495 | 29.6495 | 29.6495 | 0.0000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 29.6495 | 29.3590 | 29.9400 | 2021-10-20 12:02:40 |