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Forex Trend Analysis Report

Prepared for you on Sunday, January 20, 2019.

British Pound/ (FOREX:GBPLRD)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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_GBPLRD
Open High Low GBPLRD Price Change
206.47 206.47 206.47 206.47 0.00
Entry Signal

MarketClub’s Trade Triangles for GBPLRD

long term down The long term trend has been DOWN since Dec 11th, 2018 at 201.605

intermediate term up The intermediate term trend has been UP since Jan 1st, 2019 at 202.410

short term up The short term trend has been UP since Jan 7th, 2019 at 202.905

Smart Scan Analysis for GBPLRD

Based on a pre-defined weighted trend formula for chart analysis, GBPLRD scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for GBPLRD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
206.47 206.47 206.47 206.47 0.00
Prev. Close Volume Bid Ask Time
206.47 203.44 209.50 2019-01-14 20:59:11
Want to analyze British Pound/ GBPLRD or another symbol? Try our Free Forex Trend Analysis Report.