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Index Trend Analysis Report

Prepared for you on Monday, March 30, 2020.

SPOT GBPUSD (INDEX) (NASDAQ:GBP)

Sidelines Mode (-55) - GBP is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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

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

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

NASDAQ_GBP
Open High Low GBP Price Change
122.21 124.86 122.06 124.55 +2.73
Entry Signal

MarketClub’s Trade Triangles for GBP

long term down The long-term trend has been DOWN since Feb 28th, 2020 at 127.68

intermediate term down The intermediate-term trend has been DOWN since Mar 12th, 2020 at 127.26

short term up The short-term trend has been UP since Mar 26th, 2020 at 119.17

Smart Scan Analysis for GBP

Based on our trend formula, GBP is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for GBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
122.21 124.86 122.06 124.55 +2.73
Prev. Close Volume Bid Ask Time
128.21 0 2020-03-27 17:15:28
52wk High143.4552wk High Date2018-01-25
52wk Low126.6252wk Low Date2018-08-15
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