Forex Trend Analysis Report
Prepared for you on Tuesday, November 24, 2020.
British Pound/Surinamese Dollar (FOREX:GBPSRD)
Countertrend Up (+85) - GBPSRD is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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 Sep 28th, 2020 at 9.8575
The short-term trend has been UP since Sep 28th, 2020 at 9.8575
Smart Scan Analysis for GBPSRD
Based on our trend formula, GBPSRD is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).