Forex Trend Analysis Report
Prepared for you on Friday, November 27, 2020.
/British Pound (FOREX:GHSGBP)
Strong Downtrend (-100) - GHSGBP 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 GHSGBP?
MarketClub looks at technical strength and momentum to determine if the timing is right for GHSGBP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for GHSGBP
The long-term trend has been DOWN since Jun 10th, 2020 at 0.13665250
The intermediate-term trend has been DOWN since Oct 11th, 2020 at 0.13391729
The short-term trend has been DOWN since Nov 23rd, 2020 at 0.12914952
Smart Scan Analysis for GHSGBP
Based on our trend formula, GHSGBP is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).