Forex Trend Analysis Report
Prepared for you on Tuesday, September 25, 2018.
British Pound/Uruguayan Peso (FOREX:GBPUYU)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend 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.
MarketClub’s Trade Triangles for GBPUYU
The long term trend has been UP since Sep 9th, 2018 at 42.0655
The intermediate term trend has been UP since Aug 21st, 2018 at 40.4265
The short term trend has been DOWN since Sep 24th, 2018 at 43.2195
Smart Scan Analysis for GBPUYU
Based on a pre-defined weighted trend formula for chart analysis, GBPUYU scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).