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Forex Trend Analysis Report

Prepared for you on Sunday, June 24, 2018.

British Pound/Euro (FOREX:GBPEUR)

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_GBPEUR
Open High Low GBPEUR Price Change
1.1363 1.1366 1.1363 1.1363 0.0000
Entry Signal

MarketClub’s Trade Triangles for GBPEUR

long term up The long term trend has been UP since Mar 22nd, 2018 at 1.150635

intermediate term down The intermediate term trend has been DOWN since Jun 7th, 2018 at 1.132300

short term down The short term trend has been DOWN since Jun 22nd, 2018 at 1.136200

Smart Scan Analysis for GBPEUR

Based on a pre-defined weighted trend formula for chart analysis, GBPEUR scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-70
Smart Scan Analysis for GBPEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.1363 1.1366 1.1363 1.1363 0.0000
Prev. Close Volume Bid Ask Time
1.1363 1.1361 1.1365 2018-06-24 14:13:28
Want to analyze British Pound/Euro GBPEUR or another symbol? Try our Free Forex Trend Analysis Report.