Forex Trend Analysis Report
Prepared for you on Friday, October 22, 2021.
Haitian Gourde/British Pound (FOREX:HTGGBP)
Bear Market Rally (-75) - HTGGBP is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on HTGGBP as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid HTGGBP?
MarketClub looks at technical strength and momentum to determine if the timing is right for HTGGBP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for HTGGBP
The long-term trend has been DOWN since Jan 3rd, 2021 at 0.01001585
The intermediate-term trend has been DOWN since Oct 8th, 2021 at 0.00727836
The short-term trend has been UP since Oct 20th, 2021 at 0.00731214
Smart Scan Analysis for HTGGBP
Based on our trend formula, HTGGBP is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).