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Forex Trend Analysis Report

Prepared for you on Wednesday, November 14, 2018.

Bermuda Dollar/British Pound (FOREX:BMDGBP)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with money management stops.

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
0.767100 0.770045 0.766775 0.769090 +0.001990
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 up The intermediate term trend has been UP since Oct 24th, 2018 at 0.771810

short term up The short term trend has been UP since Nov 9th, 2018 at 0.766040

Smart Scan Analysis for BMDGBP

Based on a pre-defined weighted trend formula for chart analysis, BMDGBP scored +80 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+80
Smart Scan Analysis for BMDGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.767100 0.770045 0.766775 0.769090 +0.001990
Prev. Close Volume Bid Ask Time
0.767100 0.769060 0.769120 2018-11-14 06:33:49
Want to analyze Bermuda Dollar/British Pound BMDGBP or another symbol? Try our Free Forex Trend Analysis Report.