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Forex Trend Analysis Report

Prepared for you on Tuesday, January 22, 2019.

British Pound/ (FOREX:GBPYER)

Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines 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.

Open High Low GBPYER Price Change
322.39 324.80 321.87 324.51 +2.12
Entry Signal

MarketClub’s Trade Triangles for GBPYER

long term down The long term trend has been DOWN since May 1st, 2018 at 343.390

intermediate term up The intermediate term trend has been UP since Jan 13th, 2019 at 322.415

short term down The short term trend has been DOWN since Jan 21st, 2019 at 321.350

Smart Scan Analysis for GBPYER

Based on a pre-defined weighted trend formula for chart analysis, GBPYER scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for GBPYER
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
322.39 324.80 321.87 324.51 +2.12
Prev. Close Volume Bid Ask Time
322.39 324.50 324.52 2019-01-22 16:05:25
Want to analyze British Pound/ GBPYER or another symbol? Try our Free Forex Trend Analysis Report.