Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Tuesday, December 11, 2018.

British Pound/Algerian Dinar (FOREX:GBPDZD)

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.

Open High Low GBPDZD Price Change
148.965 149.665 148.870 149.565 +0.600
Entry Signal

MarketClub’s Trade Triangles for GBPDZD

long term down The long term trend has been DOWN since Dec 3rd, 2018 at 150.985

intermediate term down The intermediate term trend has been DOWN since Oct 25th, 2018 at 153.115

short term up The short term trend has been UP since Dec 4th, 2018 at 151.735

Smart Scan Analysis for GBPDZD

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

Smart Scan Analysis for GBPDZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
148.965 149.665 148.870 149.565 +0.600
Prev. Close Volume Bid Ask Time
148.965 149.010 150.120 2018-12-11 07:07:19
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