Forex Trend Analysis Report
Prepared for you on Wednesday, December 19, 2018.
Brunei Dollar/British Pound (FOREX:BNDGBP)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight 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.
MarketClub’s Trade Triangles for BNDGBP
The long term trend has been UP since Nov 29th, 2018 at 0.724165
The intermediate term trend has been UP since Nov 12th, 2018 at 0.582000
The short term trend has been DOWN since Dec 13th, 2018 at 0.579975
Smart Scan Analysis for BNDGBP
Based on a pre-defined weighted trend formula for chart analysis, BNDGBP scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).