Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Wednesday, April 17, 2024.
Tongan Pa'anga/British Pound (FOREX:TOPGBP)
Sidelines Mode (+50) - TOPGBP is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until TOPGBP can gain momentum.
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.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for TOPGBP
The long-term trend has been DOWN since Jan 31st, 2024 at 0.33265
The intermediate-term trend has been UP since Apr 2nd, 2024 at 0.33005
The short-term trend has been UP since Apr 2nd, 2024 at 0.33035
Smart Scan Analysis for TOPGBP
Based on our trend formula, TOPGBP is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.33325 | 0.33325 | 0.33325 | 0.33325 | 0.00000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.33435 | 0.31990 | 0.34660 | 2024-04-11 23:39:47 |