Analyze Symbol
Forex Trend Analysis Report
Prepared for you on Tuesday, January 21, 2020.
British Pound/ (FOREX:GBPBYN)
Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight 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 GBPBYN
The long term trend has been UP since Oct 17th, 2019 at 2.5902000
The intermediate term trend has been DOWN since Dec 23rd, 2019 at 2.7267019
The short term trend has been DOWN since Jan 9th, 2020 at 2.7742889
Smart Scan Analysis for GBPBYN
Based on a pre-defined weighted trend formula for chart analysis, GBPBYN scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2.7656934 | 2.7656934 | 2.7656934 | 2.7656934 | 0.0000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2.7656934 | 2.7598130 | 2.7715739 | 2020-01-21 07:17:50 |