Forex Trend Analysis Report
Prepared for you on Friday, March 29, 2024.
/British Pound (FOREX:GHSGBP)
Long-Term Downtrend (-90) - GHSGBP is in a strong downtrend that is likely to continue. While GHSGBP is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid GHSGBP?
MarketClub looks at technical strength and momentum to determine if the timing is right for GHSGBP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for GHSGBP
The long-term trend has been DOWN since Jul 23rd, 2023 at 0.06713112
The intermediate-term trend has been DOWN since Jan 21st, 2024 at 0.06540241
The short-term trend has been DOWN since Feb 8th, 2024 at 0.06400841
Smart Scan Analysis for GHSGBP
Based on our trend formula, GHSGBP is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
0.05980198 | 0.05980918 | 0.05979637 | 0.05980918 | +0.00000700 |
Prev. Close | Volume | Bid | Ask | Time |
0.05980198 | 2024-03-29 08:19:02 |