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Forex Trend Analysis Report

Prepared for you on Saturday, September 22, 2018.

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
0.763050 0.763050 0.762785 0.763050 0.000000
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 Aug 29th, 2018 at 0.766405

short term up The short term trend has been UP since Sep 21st, 2018 at 0.760160

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
0.763050 0.763050 0.762785 0.763050 0.000000
Prev. Close Volume Bid Ask Time
0.763050 0.762990 0.763110 2018-09-22 19:05:57
Want to analyze Bermuda Dollar/British Pound BMDGBP or another symbol? Try our Free Forex Trend Analysis Report.