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Forex Trend Analysis Report

Prepared for you on Thursday, August 16, 2018.

British Pound/Guinea Franc (FOREX:GBPGNF)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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_GBPGNF
Open High Low GBPGNF Price Change
11549.20 11556.65 11549.20 11556.65 +7.45
Entry Signal

MarketClub’s Trade Triangles for GBPGNF

long term down The long term trend has been DOWN since May 1st, 2018 at 12472.50

intermediate term down The intermediate term trend has been DOWN since Jul 22nd, 2018 at 11878.00

short term down The short term trend has been DOWN since Jul 29th, 2018 at 11862.25

Smart Scan Analysis for GBPGNF

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

-100
Smart Scan Analysis for GBPGNF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
11549.20 11556.65 11549.20 11556.65 +7.45
Prev. Close Volume Bid Ask Time
11549.2 11455.80 11657.50 2018-08-14 21:13:24
Want to analyze British Pound/Guinea Franc GBPGNF or another symbol? Try our Free Forex Trend Analysis Report.