Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Friday, January 18, 2019.

British Pound/ (FOREX:GBPKMF)

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.

FOREX_GBPKMF
Open High Low GBPKMF Price Change
558.645 558.645 558.645 558.645 0.000
Entry Signal

MarketClub’s Trade Triangles for GBPKMF

long term down The long term trend has been DOWN since Dec 10th, 2018 at 551.365

intermediate term up The intermediate term trend has been UP since Jan 14th, 2019 at 551.315

short term up The short term trend has been UP since Jan 14th, 2019 at 551.315

Smart Scan Analysis for GBPKMF

Based on a pre-defined weighted trend formula for chart analysis, GBPKMF scored +50 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+50
Smart Scan Analysis for GBPKMF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
558.645 558.645 558.645 558.645 0.000
Prev. Close Volume Bid Ask Time
558.645 558.190 559.100 2019-01-18 10:57:32
Want to analyze British Pound/ GBPKMF or another symbol? Try our Free Forex Trend Analysis Report.