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Forex Trend Analysis Report

Prepared for you on Sunday, September 24, 2017.

/British Pound (FOREX:RONGBP)

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_RONGBP
Open High Low RONGBP Price Change
0.191555 0.192775 0.191415 0.192155 +0.000600
Entry Signal

MarketClub’s Trade Triangles for RONGBP

long term up The long term trend has been UP since Jun 12th, 2017 at 0.193125

intermediate term down The intermediate term trend has been DOWN since Sep 11th, 2017 at 0.198040

short term up The short term trend has been UP since Sep 20th, 2017 at 0.193115

Smart Scan Analysis for RONGBP

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

+55
Smart Scan Analysis for RONGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.191555 0.192775 0.191415 0.192155 +0.000600
Prev. Close Volume Bid Ask Time
0.192525 0.191880 0.192430 2017-09-22 14:26:06
Want to analyze /British Pound RONGBP or another symbol? Try our Free Forex Trend Analysis Report.