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Forex Trend Analysis Report

Prepared for you on Thursday, August 11, 2022.

Saint Helenian Pound/US Dollar (FOREX:SHPUSD)

Sidelines Mode (+50) - SHPUSD is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until SHPUSD can gain momentum.

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
1.22275 1.22275 1.22275 1.22275 0.00000
Entry Signal

MarketClub’s Trade Triangles for SHPUSD

long term down The long-term trend has been DOWN since Aug 23rd, 2021 at 1.37585

intermediate term up The intermediate-term trend has been UP since Aug 10th, 2022 at 1.21600

short term up The short-term trend has been UP since Aug 10th, 2022 at 1.21600

Smart Scan Analysis for SHPUSD

Based on our trend formula, SHPUSD is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+50
Smart Scan Analysis for SHPUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.22275 1.22275 1.22275 1.22275 0.00000
Prev. Close Volume Bid Ask Time
1.22275 2022-08-10 17:03:22
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