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Forex Trend Analysis Report

Prepared for you on Monday, November 30, 2020.

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

Long-Term Downtrend (-90) - TOPGBP is in a strong downtrend that is likely to continue. While TOPGBP 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 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
0.3269 0.3269 0.3258 0.3258 -0.0011
Entry Signal

MarketClub’s Trade Triangles for TOPGBP

long term down The long-term trend has been DOWN since Aug 5th, 2020 at 0.3446

intermediate term down The intermediate-term trend has been DOWN since Oct 8th, 2020 at 0.3344

short term down The short-term trend has been DOWN since Nov 19th, 2020 at 0.3281

Smart Scan Analysis for TOPGBP

Based on our trend formula, TOPGBP is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for TOPGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.3269 0.3269 0.3258 0.3258 -0.0011
Prev. Close Volume Bid Ask Time
0.3273 0.3123 0.3393 2020-11-23 22:56:14
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