Forex Trend Analysis Report
Prepared for you on Thursday, August 18, 2022.
/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, GHSGBP 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 Jan 13th, 2022 at 0.11858900
The intermediate-term trend has been DOWN since Jul 27th, 2022 at 0.10342388
The short-term trend has been DOWN since Jul 27th, 2022 at 0.10238796
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).