Forex Trend Analysis Report
Prepared for you on Monday, May 25, 2020.
/British Pound (FOREX:GHSGBP)
Sidelines Mode (+55) - GHSGBP is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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 UP since Feb 4th, 2020 at 0.14213820
The intermediate-term trend has been UP since Apr 17th, 2020 at 0.14010967
The short-term trend has been DOWN since May 21st, 2020 at 0.14205859
Smart Scan Analysis for GHSGBP
Based on our trend formula, GHSGBP is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).