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Forex Trend Analysis Report

Prepared for you on Tuesday, March 21, 2023.

/British Pound (FOREX:SLLGBP)

Strong Downtrend (-100) - SLLGBP is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SLLGBP continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid SLLGBP?

MarketClub looks at technical strength and momentum to determine if the timing is right for SLLGBP.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_SLLGBP
Open High Low SLLGBP Price Change
0.00003856 0.00003856 0.00003856 0.00003856 0.00000000
Entry Signal

MarketClub’s Trade Triangles for SLLGBP

long term down The long-term trend has been DOWN since Oct 19th, 2021 at 0.00006851

intermediate term down The intermediate-term trend has been DOWN since Feb 14th, 2023 at 0.00004153

short term down The short-term trend has been DOWN since Oct 5th, 2022 at 0.00005903

Smart Scan Analysis for SLLGBP

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

-100
Smart Scan Analysis for SLLGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00003856 0.00003856 0.00003856 0.00003856 0.00000000
Prev. Close Volume Bid Ask Time
0.00003856 2023-03-18 03:55:52
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