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Forex Trend Analysis Report

Prepared for you on Sunday, June 26, 2022.

British Pound/Tongan Pa'anga (FOREX:GBPTOP)

Long-Term Downtrend (-90) - GBPTOP is in a strong downtrend that is likely to continue. While GBPTOP is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid GBPTOP?

MarketClub looks at technical strength and momentum to determine if the timing is right for GBPTOP.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_GBPTOP
Open High Low GBPTOP Price Change
2.8765 2.8765 2.8765 2.8765 0.0000
Entry Signal

MarketClub’s Trade Triangles for GBPTOP

long term down The long-term trend has been DOWN since Mar 8th, 2022 at 3.03940

intermediate term down The intermediate-term trend has been DOWN since Jun 13th, 2022 at 2.89320

short term down The short-term trend has been DOWN since Jun 13th, 2022 at 2.90665

Smart Scan Analysis for GBPTOP

Based on our trend formula, GBPTOP is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for GBPTOP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.8765 2.8765 2.8765 2.8765 0.0000
Prev. Close Volume Bid Ask Time
2.8865 2.7662 2.9868 2022-06-21 00:16:56
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