Forex Trend Analysis Report
Prepared for you on Monday, January 21, 2019.
Haitian Gourde/British Pound (FOREX:HTGGBP)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend 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 HTGGBP
The long term trend has been DOWN since Aug 29th, 2018 at 0.011140
The intermediate term trend has been DOWN since Aug 21st, 2018 at 0.011352
The short term trend has been UP since Jan 10th, 2019 at 0.010171
Smart Scan Analysis for HTGGBP
Based on a pre-defined weighted trend formula for chart analysis, HTGGBP scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).