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Forex Trend Analysis Report

Prepared for you on Friday, January 18, 2019.

British Pound/Bermuda Dollar (FOREX:GBPBMD)

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_GBPBMD
Open High Low GBPBMD Price Change
1.30085 1.30180 1.29275 1.29410 -0.00675
Entry Signal

MarketClub’s Trade Triangles for GBPBMD

long term down The long term trend has been DOWN since May 1st, 2018 at 1.37250

intermediate term up The intermediate term trend has been UP since Jan 11th, 2019 at 1.28440

short term up The short term trend has been UP since Jan 17th, 2019 at 1.29495

Smart Scan Analysis for GBPBMD

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

+60
Smart Scan Analysis for GBPBMD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.30085 1.30180 1.29275 1.29410 -0.00675
Prev. Close Volume Bid Ask Time
1.30085 1.29410 1.29410 2019-01-18 12:29:57
Want to analyze British Pound/Bermuda Dollar GBPBMD or another symbol? Try our Free Forex Trend Analysis Report.