Analyze Symbol
Forex Trend Analysis Report
Prepared for you on Friday, January 17, 2020.
British Pound/ (FOREX:GBPGEL)
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 GBPGEL
The long term trend has been UP since Oct 17th, 2019 at 3.7063500
The intermediate term trend has been DOWN since Dec 13th, 2019 at 3.8312444
The short term trend has been DOWN since Jan 13th, 2020 at 3.7554631
Smart Scan Analysis for GBPGEL
Based on a pre-defined weighted trend formula for chart analysis, GBPGEL scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 3.7455615 | 3.7455615 | 3.7388759 | 3.7388759 | -0.0066860 |
| Prev. Close | Volume | Bid | Ask | Time |
| 3.7455615 | 3.7129115 | 3.7648403 | 2020-01-13 10:28:47 |