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Forex Trend Analysis Report
Prepared for you on Monday, June 5, 2023.
Saint Helenian Pound/US Dollar (FOREX:SHPUSD)
Sidelines Mode (-55) - SHPUSD 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 SHPUSD?
MarketClub looks at technical strength and momentum to determine if the timing is right for SHPUSD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for SHPUSD
The long-term trend has been UP since Jan 18th, 2023 at 1.22895
The intermediate-term trend has been DOWN since May 18th, 2023 at 1.24545
The short-term trend has been UP since Jun 5th, 2023 at 1.24390
Smart Scan Analysis for SHPUSD
Based on our trend formula, SHPUSD is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.24505 | 1.24505 | 1.24365 | 1.24365 | -0.00140 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.24505 | 2023-06-05 12:47:29 |