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Forex Trend Analysis Report

Prepared for you on Wednesday, September 27, 2023.

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

Weak Downtrend (-65) - GBPTOP is showing signs of a strengthening downtrend. Monitor GBPTOP as it may be building momentum to the downside.

Is it time to buy, sell, or avoid GBPTOP?

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

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

FOREX_GBPTOP
Open High Low GBPTOP Price Change
2.98575 2.98575 2.98575 2.98575 0.00000
Entry Signal

MarketClub’s Trade Triangles for GBPTOP

long term up The long-term trend has been UP since Mar 23rd, 2023 at 2.89905

intermediate term down The intermediate-term trend has been DOWN since Sep 12th, 2023 at 3.02920

short term down The short-term trend has been DOWN since Sep 12th, 2023 at 3.03015

Smart Scan Analysis for GBPTOP

Based on our trend formula, GBPTOP is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for GBPTOP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.98575 2.98575 2.98575 2.98575 0.00000
Prev. Close Volume Bid Ask Time
2.93570 2.86690 3.10460 2023-09-15 00:03:46
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