Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Monday, July 22, 2019.

British Pound/Bulgarian Lev (FOREX:GBPBGN)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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_GBPBGN
Open High Low GBPBGN Price Change
2.17945 2.17945 2.17905 2.17905 -0.00040
Entry Signal

MarketClub’s Trade Triangles for GBPBGN

long term down The long term trend has been DOWN since May 24th, 2019 at 2.21220

intermediate term down The intermediate term trend has been DOWN since May 14th, 2019 at 2.25375

short term up The short term trend has been UP since Jul 18th, 2019 at 2.18105

Smart Scan Analysis for GBPBGN

Based on a pre-defined weighted trend formula for chart analysis, GBPBGN scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-65
Smart Scan Analysis for GBPBGN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.17945 2.17945 2.17905 2.17905 -0.00040
Prev. Close Volume Bid Ask Time
2.17945 2.17070 2.18740 2019-07-22 03:21:39
Want to analyze British Pound/Bulgarian Lev GBPBGN or another symbol? Try our Free Forex Trend Analysis Report.