Forex Trend Analysis Report
Prepared for you on Thursday, August 18, 2022.
British Pound/Trinidad and Tobago Dollar (FOREX:GBPTTD)
Sidelines Mode (+50) - GBPTTD is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until GBPTTD can gain momentum.
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 Jul 19th, 2021 at 9.308270
The intermediate-term trend has been UP since Jul 29th, 2022 at 8.243316
The short-term trend has been UP since Jul 29th, 2022 at 8.125851
Smart Scan Analysis for GBPTTD
Based on our trend formula, GBPTTD is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).