Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Thursday, May 23, 2019.

/British Pound (FOREX:CDFGBP)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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_CDFGBP
Open High Low CDFGBP Price Change
0.000479 0.000479 0.000479 0.000479 0.000000
Entry Signal

MarketClub’s Trade Triangles for CDFGBP

long term up The long term trend has been UP since May 22nd, 2019 at 0.000474

intermediate term up The intermediate term trend has been UP since Apr 23rd, 2019 at 0.000466

short term up The short term trend has been UP since May 16th, 2019 at 0.000466

Smart Scan Analysis for CDFGBP

Based on a pre-defined weighted trend formula for chart analysis, CDFGBP scored +80 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+80
Smart Scan Analysis for CDFGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.000479 0.000479 0.000479 0.000479 0.000000
Prev. Close Volume Bid Ask Time
0.000479 0.000473 0.000486 2019-05-22 17:55:30
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