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Forex Trend Analysis Report

Prepared for you on Wednesday, October 17, 2018.

British Pound/ (FOREX:GBPRON)

Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend 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_GBPRON
Open High Low GBPRON Price Change
5.31545 5.32385 5.29985 5.31915 +0.00370
Entry Signal

MarketClub’s Trade Triangles for GBPRON

long term up The long term trend has been UP since Oct 5th, 2018 at 5.29890

intermediate term up The intermediate term trend has been UP since Sep 10th, 2018 at 5.20290

short term up The short term trend has been UP since Oct 16th, 2018 at 5.33095

Smart Scan Analysis for GBPRON

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

+100
Smart Scan Analysis for GBPRON
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
5.31545 5.32385 5.29985 5.31915 +0.00370
Prev. Close Volume Bid Ask Time
5.31545 5.31630 5.32200 2018-10-17 19:42:37
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