Forex Trend Analysis Report
Prepared for you on Saturday, January 25, 2020.
British Pound/Ukrainian Hryvnia (FOREX:GBPUAH)
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.
MarketClub’s Trade Triangles for GBPUAH
The long term trend has been DOWN since Dec 9th, 2018 at 35.374500
The intermediate term trend has been UP since Jan 9th, 2020 at 31.512907
The short term trend has been UP since Dec 26th, 2019 at 30.121555
Smart Scan Analysis for GBPUAH
Based on a pre-defined weighted trend formula for chart analysis, GBPUAH scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).