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Forex Trend Analysis Report

Prepared for you on Thursday, January 17, 2019.

Bermuda Dollar/British Pound (FOREX:BMDGBP)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_BMDGBP
Open High Low BMDGBP Price Change
0.774940 0.776870 0.772815 0.773245 -0.001695
Entry Signal

MarketClub’s Trade Triangles for BMDGBP

long term up The long term trend has been UP since May 1st, 2018 at 0.728595

intermediate term down The intermediate term trend has been DOWN since Jan 11th, 2019 at 0.778570

short term up The short term trend has been UP since Jan 15th, 2019 at 0.784325

Smart Scan Analysis for BMDGBP

Based on a pre-defined weighted trend formula for chart analysis, BMDGBP scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-55
Smart Scan Analysis for BMDGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.774940 0.776870 0.772815 0.773245 -0.001695
Prev. Close Volume Bid Ask Time
0.774940 0.773220 0.773270 2019-01-17 10:25:01
Want to analyze Bermuda Dollar/British Pound BMDGBP or another symbol? Try our Free Forex Trend Analysis Report.