Forex Trend Analysis Report
Prepared for you on Thursday, August 17, 2017.
British Pound/Haitian Gourde (FOREX:GBPHTG)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines 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 GBPHTG
The long term trend has been DOWN since Jun 6th, 2017 at 79.871
The intermediate term trend has been UP since Aug 10th, 2017 at 82.251
The short term trend has been DOWN since Aug 17th, 2017 at 82.282
Smart Scan Analysis for GBPHTG
Based on a pre-defined weighted trend formula for chart analysis, GBPHTG scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).