Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Monday, April 15, 2024.

/British Pound (FOREX:GHSGBP)

Countertrend Down (-85) - GHSGBP 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 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.

FOREX_GHSGBP
Open High Low GHSGBP Price Change
0.05970095 0.05970095 0.05970095 0.05970095 0.00000000
Entry Signal

MarketClub’s Trade Triangles for GHSGBP

long term down The long-term trend has been DOWN since Jul 23rd, 2023 at 0.06713112

intermediate term down The intermediate-term trend has been DOWN since Jan 21st, 2024 at 0.06540241

short term up The short-term trend has been UP since Apr 14th, 2024 at 0.05912177

Smart Scan Analysis for GHSGBP

Based on our trend formula, GHSGBP is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for GHSGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.05970095 0.05970095 0.05970095 0.05970095 0.00000000
Prev. Close Volume Bid Ask Time
0.05953698 2024-04-14 22:03:59
Get a free daily analysis and signals for /British Pound (GHSGBP) - Request Your Free Report.