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Forex Trend Analysis Report

Prepared for you on Monday, December 4, 2023.

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

Crossroads (-60) - GBPTOP is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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
3.01095 3.01095 3.01095 3.01095 0.00000
Entry Signal

MarketClub’s Trade Triangles for GBPTOP

long term down The long-term trend has been DOWN since Oct 3rd, 2023 at 2.98575

intermediate term up The intermediate-term trend has been UP since Nov 16th, 2023 at 2.95660

short term up The short-term trend has been UP since Nov 16th, 2023 at 2.95660

Smart Scan Analysis for GBPTOP

Based on our trend formula, GBPTOP is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for GBPTOP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.01095 3.01095 3.01095 3.01095 0.00000
Prev. Close Volume Bid Ask Time
2.99560 2.89010 3.13180 2023-11-28 22:48:21
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