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Forex Trend Analysis Report

Prepared for you on Monday, June 24, 2019.

Canadian Dollar/British Pound (FOREX:CADGBP)

Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend 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_CADGBP
Open High Low CADGBP Price Change
0.594600 0.596175 0.594000 0.595440 +0.000840
Entry Signal

MarketClub’s Trade Triangles for CADGBP

long term up The long term trend has been UP since May 22nd, 2019 at 0.589035

intermediate term up The intermediate term trend has been UP since May 15th, 2019 at 0.577450

short term up The short term trend has been UP since Jun 17th, 2019 at 0.594990

Smart Scan Analysis for CADGBP

Based on a pre-defined weighted trend formula for chart analysis, CADGBP scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+90
Smart Scan Analysis for CADGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.594600 0.596175 0.594000 0.595440 +0.000840
Prev. Close Volume Bid Ask Time
0.594600 0.595370 0.595510 2019-06-24 22:41:45
Want to analyze Canadian Dollar/British Pound CADGBP or another symbol? Try our Free Forex Trend Analysis Report.