Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Sunday, January 20, 2019.

British Pound/Chinese Renminbi Yuan (FOREX:GBPCNY)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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_GBPCNY
Open High Low GBPCNY Price Change
8.72585 8.72585 8.72585 8.72585 0.00000
Entry Signal

MarketClub’s Trade Triangles for GBPCNY

long term down The long term trend has been DOWN since Dec 3rd, 2018 at 8.74310

intermediate term down The intermediate term trend has been DOWN since Jan 2nd, 2019 at 8.60155

short term up The short term trend has been UP since Jan 14th, 2019 at 8.70875

Smart Scan Analysis for GBPCNY

Based on a pre-defined weighted trend formula for chart analysis, GBPCNY scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-65
Smart Scan Analysis for GBPCNY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
8.72585 8.72585 8.72585 8.72585 0.00000
Prev. Close Volume Bid Ask Time
8.72585 8.71450 8.73720 2019-01-20 01:28:58
Want to analyze British Pound/Chinese Renminbi Yuan GBPCNY or another symbol? Try our Free Forex Trend Analysis Report.