Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Friday, March 29, 2024.

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

Bull Market Weakness (+75) - GBPTOP is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on GBPTOP as it may be in the beginning stages of a reversal.

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
3.03475 3.03475 3.03475 3.03475 0.00000
Entry Signal

MarketClub’s Trade Triangles for GBPTOP

long term up The long-term trend has been UP since Jan 31st, 2024 at 3.01095

intermediate term up The intermediate-term trend has been UP since Feb 28th, 2024 at 3.01735

short term up The short-term trend has been UP since Feb 28th, 2024 at 3.00915

Smart Scan Analysis for GBPTOP

Based on our trend formula, GBPTOP is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for GBPTOP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.03475 3.03475 3.03475 3.03475 0.00000
Prev. Close Volume Bid Ask Time
3.02465 2.91200 3.15750 2024-03-19 01:01:13
Get a free daily analysis and signals for British Pound/Tongan Pa'anga (GBPTOP) - Request Your Free Report.