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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.

FOREX_GBPTOP
Open High Low GBPTOP Price Change
2.9126 2.9126 2.9126 2.9126 0.0000
Entry Signal

MarketClub’s Trade Triangles for GBPTOP

long term up The long-term trend has been UP since Mar 23rd, 2023 at 2.89905

intermediate term up The intermediate-term trend has been UP since Mar 20th, 2023 at 2.85595

short term up 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).

+80
Smart Scan Analysis for GBPTOP
Strong Downtrend Sideways 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
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