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Forex Trend Analysis Report

Prepared for you on Sunday, May 31, 2020.

Tongan Pa'anga/British Pound (FOREX:TOPGBP)

Sidelines Mode (+55) - TOPGBP 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 TOPGBP?

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

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

FOREX_TOPGBP
Open High Low TOPGBP Price Change
0.35335 0.35335 0.35335 0.35335 0.00000
Entry Signal

MarketClub’s Trade Triangles for TOPGBP

long term up The long-term trend has been UP since Mar 4th, 2020 at 0.33480

intermediate term up The intermediate-term trend has been UP since Feb 17th, 2020 at 0.33150

short term down The short-term trend has been DOWN since May 27th, 2020 at 0.35455

Smart Scan Analysis for TOPGBP

Based on our trend formula, TOPGBP is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for TOPGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.35335 0.35335 0.35335 0.35335 0.00000
Prev. Close Volume Bid Ask Time
0.35335 0.33980 0.36690 2020-05-29 00:20:39
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