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Index Trend Analysis Report

Prepared for you on Friday, December 14, 2018.

BARCLAYS BANK PLC IPATH GBP/USD EXCHANGE R (PACF:GBBEF.IV)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with 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.

PACF_GBBEF.IV
Open High Low GBBEF.IV Price Change
33.4478 33.5144 33.4006 33.4367 -0.0969
Entry Signal

MarketClub’s Trade Triangles for GBBEF.IV

long term down The long term trend has been DOWN since Apr 26th, 2018 at 36.6931

intermediate term down The intermediate term trend has been DOWN since Oct 2nd, 2018 at 34.0640

short term up The short term trend has been UP since Nov 26th, 2018 at 33.6946

Smart Scan Analysis for GBBEF.IV

Based on a pre-defined weighted trend formula for chart analysis, GBBEF.IV scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-85
Smart Scan Analysis for GBBEF.IV
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
33.4478 33.5144 33.4006 33.4367 -0.0969
Prev. Close Volume Bid Ask Time
33.5336 0 2018-11-30 16:58:17
52wk High37.029152wk High Date2018-07-02
52wk Low33.189852wk Low Date2018-08-15
Want to analyze BARCLAYS BANK PLC IPATH GBP/USD EXCHANGE R GBBEF.IV or another symbol? Try our Free Index Trend Analysis Report.