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Forex Trend Analysis Report

Prepared for you on Monday, November 12, 2018.

British Pound/ (FOREX:GBPZMW)

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.

FOREX_GBPZMW
Open High Low GBPZMW Price Change
15.312 15.312 15.312 15.312 0.000
Entry Signal

MarketClub’s Trade Triangles for GBPZMW

long term up The long term trend has been UP since Sep 16th, 2018 at 13.8375

intermediate term down The intermediate term trend has been DOWN since Oct 28th, 2018 at 15.0905

short term up The short term trend has been UP since Nov 1st, 2018 at 15.3535

Smart Scan Analysis for GBPZMW

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

+55
Smart Scan Analysis for GBPZMW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
15.312 15.312 15.312 15.312 0.000
Prev. Close Volume Bid Ask Time
15.312 15.255 15.369 2018-11-11 20:49:58
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