Forex Trend Analysis Report
Prepared for you on Sunday, February 16, 2020.
British Pound/Cuban Peso (FOREX:GBPCUP)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.
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 GBPCUP
The long term trend has been UP since Oct 17th, 2019 at 1.2688000
The intermediate term trend has been DOWN since Jan 20th, 2020 at 1.3020375
The short term trend has been UP since Feb 13th, 2020 at 1.3014621
Smart Scan Analysis for GBPCUP
Based on a pre-defined weighted trend formula for chart analysis, GBPCUP scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).