Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Sunday, January 19, 2020.

British Pound/ (FOREX:GBPLRD)

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with 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.

FOREX_GBPLRD
Open High Low GBPLRD Price Change
254.13049 254.13049 254.13049 254.13049 0.00000
Entry Signal

MarketClub’s Trade Triangles for GBPLRD

long term down The long term trend has been DOWN since Dec 17th, 2019 at 247.38272

intermediate term up The intermediate term trend has been UP since Jan 16th, 2020 at 248.75698

short term up The short term trend has been UP since Jan 16th, 2020 at 247.97844

Smart Scan Analysis for GBPLRD

Based on a pre-defined weighted trend formula for chart analysis, GBPLRD scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+70
Smart Scan Analysis for GBPLRD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
254.13049 254.13049 254.13049 254.13049 0.00000
Prev. Close Volume Bid Ask Time
254.13049 250.96222 257.29876 2020-01-16 21:12:49
Get a free daily report for British Pound/ (GBPLRD) - Free Trend Analysis Report.