Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Saturday, January 19, 2019.

/British Pound (FOREX:LRDGBP)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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_LRDGBP
Open High Low LRDGBP Price Change
0.004844 0.004844 0.004844 0.004844 0.000000
Entry Signal

MarketClub’s Trade Triangles for LRDGBP

long term up The long term trend has been UP since Dec 11th, 2018 at 0.004961

intermediate term down The intermediate term trend has been DOWN since Jan 1st, 2019 at 0.004942

short term down The short term trend has been DOWN since Jan 7th, 2019 at 0.004930

Smart Scan Analysis for LRDGBP

Based on a pre-defined weighted trend formula for chart analysis, LRDGBP scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for LRDGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.004844 0.004844 0.004844 0.004844 0.000000
Prev. Close Volume Bid Ask Time
0.004844 0.004773 0.004915 2019-01-14 20:59:11
Want to analyze /British Pound LRDGBP or another symbol? Try our Free Forex Trend Analysis Report.