Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Thursday, October 18, 2018.

British Pound/Guinea Franc (FOREX:GBPGNF)

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.

FOREX_GBPGNF
Open High Low GBPGNF Price Change
11795.15 11850.05 11795.15 11850.05 +54.90
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 Oct 2nd, 2018 at 11759.05

short term up The short term trend has been UP since Oct 7th, 2018 at 11785.45

Smart Scan Analysis for GBPGNF

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

-75
Smart Scan Analysis for GBPGNF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
11795.15 11850.05 11795.15 11850.05 +54.90
Prev. Close Volume Bid Ask Time
11795.15 11747.50 11952.60 2018-10-07 21:06:36
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