Forex Trend Analysis Report
Prepared for you on Tuesday, January 23, 2018.
British Pound/Brunei Dollar (FOREX:GBPBND)
Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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 GBPBND
The long term trend has been UP since Sep 14th, 2017 at 1.80305
The intermediate term trend has been UP since Jan 8th, 2018 at 1.80920
The short term trend has been UP since Jan 12th, 2018 at 1.80940
Smart Scan Analysis for GBPBND
Based on a pre-defined weighted trend formula for chart analysis, GBPBND scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).