Forex Trend Analysis Report
Prepared for you on Monday, October 25, 2021.
Saint Helenian Pound/US Dollar (FOREX:SHPUSD)
Crossroads (+60) - SHPUSD is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid SHPUSD?
MarketClub looks at technical strength and momentum to determine if the timing is right for SHPUSD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SHPUSD
The long-term trend has been DOWN since Aug 23rd, 2021 at 1.37585
The intermediate-term trend has been UP since Oct 15th, 2021 at 1.37435
The short-term trend has been UP since Oct 13th, 2021 at 1.36200
Smart Scan Analysis for SHPUSD
Based on our trend formula, SHPUSD is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).