Stock Trend Analysis Report
Prepared for you on Monday, October 15, 2018.
CURRENCYSHARES BRITISH POUND S (PACF:FXB)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with 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.
MarketClub’s Trade Triangles for FXB
The long term trend has been DOWN since May 1st, 2018 at 133.24
The intermediate term trend has been DOWN since Oct 2nd, 2018 at 125.99
The short term trend has been DOWN since Oct 15th, 2018 at 127.53
Smart Scan Analysis for FXB
Based on a pre-defined weighted trend formula for chart analysis, FXB scored -80 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||139.239||Year High Date||2018-04-16|
|Year Low||122.876||Year Low Date||2018-08-15|
|52wk High||139.2388||52wk High Date||2018-04-16|
|52wk Low||122.8758||52wk Low Date||2018-08-15|
|Year End Close||160.71||Average Volume||59,654|