Forex Trend Analysis Report
Prepared for you on Saturday, May 30, 2020.
/British Pound (FOREX:SLLGBP)
Bull Market Weakness (+75) - SLLGBP is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SLLGBP as it may be in the beginning stages of a reversal.
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.
MarketClub’s Trade Triangles for SLLGBP
The long-term trend has been UP since Mar 12th, 2020 at 0.00008013
The intermediate-term trend has been UP since May 12th, 2020 at 0.00008306
The short-term trend has been UP since May 11th, 2020 at 0.00008206
Smart Scan Analysis for SLLGBP
Based on our trend formula, SLLGBP is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).