Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Friday, June 22, 2018.

British Pound/Algerian Dinar (FOREX:GBPDZD)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.

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_GBPDZD
Open High Low GBPDZD Price Change
155.88 156.03 155.76 155.90 +0.02
Entry Signal

MarketClub’s Trade Triangles for GBPDZD

long term down The long term trend has been DOWN since May 2nd, 2018 at 157.01

intermediate term down The intermediate term trend has been DOWN since Apr 23rd, 2018 at 159.94

short term up The short term trend has been UP since Jun 22nd, 2018 at 155.82

Smart Scan Analysis for GBPDZD

Based on a pre-defined weighted trend formula for chart analysis, GBPDZD scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-55
Smart Scan Analysis for GBPDZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
155.88 156.03 155.76 155.90 +0.02
Prev. Close Volume Bid Ask Time
155.88 155.33 156.47 2018-06-22 10:16:21
Want to analyze British Pound/Algerian Dinar GBPDZD or another symbol? Try our Free Forex Trend Analysis Report.