Forex Trend Analysis Report
Prepared for you on Friday, January 17, 2020.
Haitian Gourde/British Pound (FOREX:HTGGBP)
Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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 HTGGBP
The long term trend has been DOWN since Aug 29th, 2018 at 0.01114000
The intermediate term trend has been DOWN since Jan 16th, 2020 at 0.00773005
The short term trend has been DOWN since Jan 16th, 2020 at 0.00777314
Smart Scan Analysis for HTGGBP
Based on a pre-defined weighted trend formula for chart analysis, HTGGBP scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).