Future Trend Analysis Report
Prepared for you on Friday, February 22, 2019.
BRITISH POUND Feb 2019 (CME:6B.G19)
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 6B.G19
The long term trend has been DOWN since Oct 22nd, 2018 at 1.3061
The intermediate term trend has been DOWN since Feb 11th, 2019 at 1.2862
The short term trend has been DOWN since Feb 1st, 2019 at 1.3098
Smart Scan Analysis for 6B.G19
Based on a pre-defined weighted trend formula for chart analysis, 6B.G19 scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
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