Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Monday, July 16, 2018.

British Pound/East Caribbean Dollar (FOREX:GBPXCD)

Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend 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_GBPXCD
Open High Low GBPXCD Price Change
3.57655 3.59140 3.57270 3.57645 -0.00010
Entry Signal

MarketClub’s Trade Triangles for GBPXCD

long term down The long term trend has been DOWN since May 1st, 2018 at 3.70760

intermediate term up The intermediate term trend has been UP since Jul 8th, 2018 at 3.59815

short term up The short term trend has been UP since Jul 16th, 2018 at 3.57790

Smart Scan Analysis for GBPXCD

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

+60
Smart Scan Analysis for GBPXCD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.57655 3.59140 3.57270 3.57645 -0.00010
Prev. Close Volume Bid Ask Time
3.57655 3.55730 3.59560 2018-07-16 22:12:52
Want to analyze British Pound/East Caribbean Dollar GBPXCD or another symbol? Try our Free Forex Trend Analysis Report.