Forex Trend Analysis Report
Prepared for you on Thursday, September 20, 2018.
British Pound/ (FOREX:GBPGHS)
Smart Scan Chart Analysis indicates that the upward trend for this market is at a crossroads and has possibly ended. Look for choppy trading conditions in the near term Trading Range 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.
MarketClub’s Trade Triangles for GBPGHS
The long term trend has been DOWN since Aug 9th, 2018 at 6.14640
The intermediate term trend has been UP since Aug 31st, 2018 at 6.24440
The short term trend has been UP since Sep 11th, 2018 at 6.16045
Smart Scan Analysis for GBPGHS
Based on a pre-defined weighted trend formula for chart analysis, GBPGHS scored +50 on a scale from -100 (strong downtrend) to +100 (strong uptrend).