Forex Trend Analysis Report
Prepared for you on Monday, May 25, 2020.
British Pound/Trinidad and Tobago Dollar (FOREX:GBPTTD)
Countertrend Down (-85) - GBPTTD is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid GBPTTD?
MarketClub looks at technical strength and momentum to determine if the timing is right for GBPTTD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for GBPTTD
The long-term trend has been DOWN since Mar 29th, 2020 at 8.699875
The intermediate-term trend has been DOWN since May 14th, 2020 at 8.285918
The short-term trend has been UP since May 21st, 2020 at 8.279013
Smart Scan Analysis for GBPTTD
Based on our trend formula, GBPTTD is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).