Forex Trend Analysis Report
Prepared for you on Wednesday, December 2, 2020.
Haitian Gourde/British Pound (FOREX:HTGGBP)
Sidelines Mode (+55) - HTGGBP 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 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 UP since Sep 30th, 2020 at 0.00757255
The intermediate-term trend has been DOWN since Nov 3rd, 2020 at 0.01209222
The short-term trend has been UP since Nov 30th, 2020 at 0.01145886
Smart Scan Analysis for HTGGBP
Based on our trend formula, HTGGBP is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).