Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Monday, April 6, 2020.

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

Strong Downtrend (-100) - GBPTOP is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. 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
2.90295 2.90295 2.90295 2.90295 0.00000
Entry Signal

MarketClub’s Trade Triangles for GBPTOP

long term down The long-term trend has been DOWN since Mar 4th, 2020 at 2.99165

intermediate term down The intermediate-term trend has been DOWN since Feb 17th, 2020 at 3.02155

short term down The short-term trend has been DOWN since Mar 13th, 2020 at 2.98095

Smart Scan Analysis for GBPTOP

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

-100
Smart Scan Analysis for GBPTOP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.90295 2.90295 2.90295 2.90295 0.00000
Prev. Close Volume Bid Ask Time
2.90295 2.78940 3.01650 2020-04-05 23:35:19
Get a free daily analysis and signals for British Pound/Tongan Pa'anga (GBPTOP) - Request Your Free Report.