Forex Trend Analysis Report
Prepared for you on Sunday, October 17, 2021.
/British Pound (FOREX:SLLGBP)
Weak Downtrend (-65) - SLLGBP is showing signs of a strengthening downtrend. Monitor SLLGBP as it may be building momentum to the downside.
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 Jul 21st, 2021 at 0.00007104
The intermediate-term trend has been DOWN since Sep 3rd, 2021 at 0.00007001
The short-term trend has been DOWN since Oct 7th, 2021 at 0.00006977
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).