Forex Trend Analysis Report
Prepared for you on Saturday, May 30, 2020.
Trinidad and Tobago Dollar/British Pound (FOREX:TTDGBP)
Sidelines Mode (+55) - TTDGBP 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 TTDGBP?
MarketClub looks at technical strength and momentum to determine if the timing is right for TTDGBP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for TTDGBP
The long-term trend has been UP since Mar 29th, 2020 at 0.11499272
The intermediate-term trend has been UP since May 14th, 2020 at 0.12073740
The short-term trend has been DOWN since May 21st, 2020 at 0.12083685
Smart Scan Analysis for TTDGBP
Based on our trend formula, TTDGBP is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).