Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Tuesday, July 17, 2018.

British Pound/Canadian Dollar (FOREX:GBPCAD)

Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend 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_GBPCAD
Open High Low GBPCAD Price Change
1.738300 1.740945 1.729400 1.730315 -0.007985
Entry Signal

MarketClub’s Trade Triangles for GBPCAD

long term down The long term trend has been DOWN since May 4th, 2018 at 1.736240

intermediate term up The intermediate term trend has been UP since Jun 5th, 2018 at 1.740175

short term down The short term trend has been DOWN since Jul 17th, 2018 at 1.729820

Smart Scan Analysis for GBPCAD

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

-75
Smart Scan Analysis for GBPCAD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.738300 1.740945 1.729400 1.730315 -0.007985
Prev. Close Volume Bid Ask Time
1.738300 1.730110 1.730520 2018-07-17 21:14:00
Want to analyze British Pound/Canadian Dollar GBPCAD or another symbol? Try our Free Forex Trend Analysis Report.