Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Saturday, November 17, 2018.

/British Pound (FOREX:KMFGBP)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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_KMFGBP
Open High Low KMFGBP Price Change
0.001767 0.001767 0.001767 0.001767 0.000000
Entry Signal

MarketClub’s Trade Triangles for KMFGBP

long term down The long term trend has been DOWN since Oct 5th, 2018 at 0.001790

intermediate term down The intermediate term trend has been DOWN since Nov 6th, 2018 at 0.001794

short term down The short term trend has been DOWN since Nov 6th, 2018 at 0.001794

Smart Scan Analysis for KMFGBP

Based on a pre-defined weighted trend formula for chart analysis, KMFGBP scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for KMFGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.001767 0.001767 0.001767 0.001767 0.000000
Prev. Close Volume Bid Ask Time
0.001767 0.001760 0.001773 2018-11-07 13:16:30
Want to analyze /British Pound KMFGBP or another symbol? Try our Free Forex Trend Analysis Report.