Analyze Symbol
Forex Trend Analysis Report
Prepared for you on Wednesday, January 29, 2020.
British Pound/Burundi Franc (FOREX:GBPBIF)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend 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.
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MarketClub’s Trade Triangles for GBPBIF
The long term trend has been UP since Oct 17th, 2019 at 2331.3500
The intermediate term trend has been DOWN since Jan 19th, 2020 at 2451.3400
The short term trend has been DOWN since Jan 27th, 2020 at 2459.3003
Smart Scan Analysis for GBPBIF
Based on a pre-defined weighted trend formula for chart analysis, GBPBIF scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2447.8351 | 2447.8351 | 2447.8351 | 2447.8351 | 0.0000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2447.8351 | 2414.7557 | 2480.9144 | 2020-01-28 21:00:55 |