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Forex Trend Analysis Report

Prepared for you on Tuesday, July 17, 2018.

Brunei Dollar/British Pound (FOREX:BNDGBP)

Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight 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_BNDGBP
Open High Low BNDGBP Price Change
0.692150 0.698445 0.691200 0.698185 +0.006035
Entry Signal

MarketClub’s Trade Triangles for BNDGBP

long term up The long term trend has been UP since May 1st, 2018 at 0.550280

intermediate term down The intermediate term trend has been DOWN since Jul 5th, 2018 at 0.554665

short term down The short term trend has been DOWN since Jul 15th, 2018 at 0.690340

Smart Scan Analysis for BNDGBP

Based on a pre-defined weighted trend formula for chart analysis, BNDGBP scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+60
Smart Scan Analysis for BNDGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.692150 0.698445 0.691200 0.698185 +0.006035
Prev. Close Volume Bid Ask Time
0.692150 0.329870 1.066500 2018-07-17 14:17:11
Want to analyze Brunei Dollar/British Pound BNDGBP or another symbol? Try our Free Forex Trend Analysis Report.