Forex Trend Analysis Report
Prepared for you on Sunday, January 19, 2020.
British Pound/Uruguayan Peso (FOREX:GBPUYU)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down 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 GBPUYU
The long term trend has been UP since Sep 5th, 2019 at 45.105000
The intermediate term trend has been DOWN since Dec 23rd, 2019 at 48.852305
The short term trend has been UP since Jan 2nd, 2020 at 48.636941
Smart Scan Analysis for GBPUYU
Based on a pre-defined weighted trend formula for chart analysis, GBPUYU scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).