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Forex Trend Analysis Report

Prepared for you on Tuesday, August 20, 2019.

Barbadian Dollar/British Pound (FOREX:BBDGBP)

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with 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.

FOREX_BBDGBP
Open High Low BBDGBP Price Change
0.40799 0.40799 0.40799 0.40799 0.00000
Entry Signal

MarketClub’s Trade Triangles for BBDGBP

long term up The long term trend has been UP since May 19th, 2019 at 0.391885

intermediate term up The intermediate term trend has been UP since Jul 9th, 2019 at 0.398045

short term up The short term trend has been UP since Jul 2nd, 2019 at 0.390540

Smart Scan Analysis for BBDGBP

Based on a pre-defined weighted trend formula for chart analysis, BBDGBP scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+70
Smart Scan Analysis for BBDGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.40799 0.40799 0.40799 0.40799 0.00000
Prev. Close Volume Bid Ask Time
0.40799 0.39887 0.41711 2019-08-18 20:19:23
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