Forex Trend Analysis Report
Prepared for you on Monday, November 19, 2018.
New Zealand Dollar/British Pound (FOREX:NZDGBP)
Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend 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.
MarketClub’s Trade Triangles for NZDGBP
The long term trend has been UP since Nov 12th, 2018 at 0.524400
The intermediate term trend has been UP since Oct 25th, 2018 at 0.509045
The short term trend has been UP since Nov 6th, 2018 at 0.514315
Smart Scan Analysis for NZDGBP
Based on a pre-defined weighted trend formula for chart analysis, NZDGBP scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).