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Forex Trend Analysis Report
Prepared for you on Saturday, April 1, 2023.
British Pound/Tongan Pa'anga (FOREX:GBPTOP)
Countertrend Up (+85) - GBPTOP 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 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.
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MarketClub’s Trade Triangles for GBPTOP
The long-term trend has been UP since Mar 23rd, 2023 at 2.89905
The intermediate-term trend has been UP since Mar 20th, 2023 at 2.85595
The short-term trend has been UP since Mar 20th, 2023 at 2.83570
Smart Scan Analysis for GBPTOP
Based on our trend formula, GBPTOP is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2.9126 | 2.9126 | 2.9126 | 2.9126 | 0.0000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2.9126 | 2.7995 | 3.0257 | 2023-03-28 00:04:38 |