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Forex Trend Analysis Report

Prepared for you on Friday, July 26, 2024.

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.

FOREX_SHPUSD
Open High Low SHPUSD Price Change
1.29085 1.29085 1.29085 1.29085 0.00000
Entry Signal

MarketClub’s Trade Triangles for SHPUSD

long term up The long-term trend has been UP since May 15th, 2024 at 1.26720

intermediate term up The intermediate-term trend has been UP since Jul 8th, 2024 at 1.27425

short term down The short-term trend has been DOWN since Jul 24th, 2024 at 1.29140

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).

+55
Smart Scan Analysis for SHPUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.29085 1.29085 1.29085 1.29085 0.00000
Prev. Close Volume Bid Ask Time
1.29085 2024-07-24 12:36:20
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