Analyze Symbol
Forex Trend Analysis Report
Prepared for you on Sunday, January 19, 2020.
British Pound/Maldivian Rufiyaa (FOREX:GBPMVR)
Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend 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 GBPMVR
The long term trend has been UP since Oct 16th, 2019 at 19.582000
The intermediate term trend has been UP since Oct 16th, 2019 at 19.046500
The short term trend has been DOWN since Jan 7th, 2020 at 20.332559
Smart Scan Analysis for GBPMVR
Based on a pre-defined weighted trend formula for chart analysis, GBPMVR scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 20.075756 | 20.075756 | 20.075756 | 20.075756 | 0.000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 20.075756 | 19.750905 | 20.400606 | 2020-01-14 09:41:26 |