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Forex Trend Analysis Report

Prepared for you on Thursday, July 19, 2018.

British Pound/Brunei Dollar (FOREX:GBPBND)

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.

FOREX_GBPBND
Open High Low GBPBND Price Change
1.971335 1.972260 1.962350 1.964950 -0.006385
Entry Signal

MarketClub’s Trade Triangles for GBPBND

long term up The long term trend has been UP since Jun 7th, 2018 at 2.02325

intermediate term up The intermediate term trend has been UP since Jun 7th, 2018 at 2.02195

short term down The short term trend has been DOWN since Jul 19th, 2018 at 1.96630

Smart Scan Analysis for GBPBND

Based on a pre-defined weighted trend formula for chart analysis, GBPBND scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+75
Smart Scan Analysis for GBPBND
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.971335 1.972260 1.962350 1.964950 -0.006385
Prev. Close Volume Bid Ask Time
1.971335 0.928400 3.001500 2018-07-19 07:51:18
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