Free Daily Analysis

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.

Open High Low SHPUSD Price Change
1.24505 1.24505 1.24365 1.24365 -0.00140
Entry Signal

MarketClub’s Trade Triangles for SHPUSD

long term up The long-term trend has been UP since Jan 18th, 2023 at 1.22895

intermediate term down The intermediate-term trend has been DOWN since May 18th, 2023 at 1.24545

short term up 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).

Smart Scan Analysis for SHPUSD
Strong Downtrend Sideways 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
Get a free daily analysis and signals for Saint Helenian Pound/US Dollar (SHPUSD) - Request Your Free Report.