Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Saturday, October 20, 2018.

US Dollar/British Pound (FOREX:USDGBP)

Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend Very 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.

FOREX_USDGBP
Open High Low USDGBP Price Change
0.764995 0.765200 0.764995 0.764995 0.000000
Entry Signal

MarketClub’s Trade Triangles for USDGBP

long term up The long term trend has been UP since May 1st, 2018 at 0.729035

intermediate term down The intermediate term trend has been DOWN since Aug 29th, 2018 at 0.768345

short term up The short term trend has been UP since Oct 14th, 2018 at 0.761115

Smart Scan Analysis for USDGBP

Based on a pre-defined weighted trend formula for chart analysis, USDGBP scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+65
Smart Scan Analysis for USDGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.764995 0.765200 0.764995 0.764995 0.000000
Prev. Close Volume Bid Ask Time
0.764995 0.764940 0.765050 2018-10-20 08:24:46
Want to analyze US Dollar/British Pound USDGBP or another symbol? Try our Free Forex Trend Analysis Report.