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Forex Trend Analysis Report

Prepared for you on Saturday, December 16, 2017.

British Pound/ (FOREX:GBPYER)

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.

FOREX_GBPYER
Open High Low GBPYER Price Change
333.255 333.255 333.255 333.255 0.000
Entry Signal

MarketClub’s Trade Triangles for GBPYER

long term up The long term trend has been UP since Apr 18th, 2017 at 317.87

intermediate term up The intermediate term trend has been UP since Nov 22nd, 2017 at 333.02

short term up The short term trend has been UP since Dec 13th, 2017 at 335.84

Smart Scan Analysis for GBPYER

Based on a pre-defined weighted trend formula for chart analysis, GBPYER scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+70
Smart Scan Analysis for GBPYER
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
333.255 333.255 333.255 333.255 0.000
Prev. Close Volume Bid Ask Time
333.255 333.200 333.310 2017-12-16 11:41:29
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