Forex Trend Analysis Report
Prepared for you on Wednesday, March 3, 2021.
/British Pound (FOREX:GHSGBP)
Bear Market Rally (-75) - GHSGBP is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on GHSGBP as it may be in the beginning of a reversal.
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 Feb 9th, 2021 at 0.12503263
The short-term trend has been UP since Mar 3rd, 2021 at 0.12363343
Smart Scan Analysis for GHSGBP
Based on our trend formula, GHSGBP is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).