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Forex Trend Analysis Report

Prepared for you on Wednesday, January 17, 2018.

British Pound/Canadian Dollar (FOREX:GBPCAD)

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.

FOREX_GBPCAD
Open High Low GBPCAD Price Change
1.715875 1.726515 1.712260 1.719755 +0.003880
Entry Signal

MarketClub’s Trade Triangles for GBPCAD

long term up The long term trend has been UP since Oct 25th, 2017 at 1.69033

intermediate term up The intermediate term trend has been UP since Jan 16th, 2018 at 1.71658

short term up The short term trend has been UP since Jan 10th, 2018 at 1.68810

Smart Scan Analysis for GBPCAD

Based on a pre-defined weighted trend formula for chart analysis, GBPCAD scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+90
Smart Scan Analysis for GBPCAD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.715875 1.726515 1.712260 1.719755 +0.003880
Prev. Close Volume Bid Ask Time
1.715875 1.719240 1.720270 2018-01-17 19:04:08
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