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Forex Trend Analysis Report

Prepared for you on Tuesday, July 23, 2024.

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

Strong Downtrend (-100) - TOPGBP is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, TOPGBP continues to fall. Traders should use caution and set stops.

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.

FOREX_TOPGBP
Open High Low TOPGBP Price Change
0.32425 0.32425 0.32425 0.32425 0.00000
Entry Signal

MarketClub’s Trade Triangles for TOPGBP

long term down The long-term trend has been DOWN since Jul 12th, 2024 at 0.33005

intermediate term down The intermediate-term trend has been DOWN since Jul 12th, 2024 at 0.33155

short term down The short-term trend has been DOWN since Jul 12th, 2024 at 0.33165

Smart Scan Analysis for TOPGBP

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

-100
Smart Scan Analysis for TOPGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.32425 0.32425 0.32425 0.32425 0.00000
Prev. Close Volume Bid Ask Time
0.32425 0.31090 0.33760 2024-07-22 23:45:39
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