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Forex Trend Analysis Report

Prepared for you on Monday, February 17, 2020.

Brunei Dollar/British Pound (FOREX:BNDGBP)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. 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.

FOREX_BNDGBP
Open High Low BNDGBP Price Change
0.55076784 0.55076784 0.55076784 0.55076784 0.00000000
Entry Signal

MarketClub’s Trade Triangles for BNDGBP

long term down The long term trend has been DOWN since Oct 23rd, 2019 at 0.57852500

intermediate term down The intermediate term trend has been DOWN since Jan 27th, 2020 at 0.56490980

short term down The short term trend has been DOWN since Jan 23rd, 2020 at 0.56753416

Smart Scan Analysis for BNDGBP

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

-100
Smart Scan Analysis for BNDGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.55076784 0.55076784 0.55076784 0.55076784 0.00000000
Prev. Close Volume Bid Ask Time
0.55060879 0.54163949 0.55989618 2020-02-13 21:03:33
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