Forex Trend Analysis Report
Prepared for you on Sunday, February 28, 2021.
Saint Helenian Pound/US Dollar (FOREX:SHPUSD)
Long-Term Uptrend (+90) - SHPUSD is in a strong uptrend that is likely to continue. While SHPUSD is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
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.
MarketClub’s Trade Triangles for SHPUSD
The long-term trend has been UP since Jul 22nd, 2020 at 1.26845
The intermediate-term trend has been UP since Nov 9th, 2020 at 1.30555
The short-term trend has been UP since Feb 8th, 2021 at 1.36915
Smart Scan Analysis for SHPUSD
Based on our trend formula, SHPUSD is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).