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Forex Trend Analysis Report

Prepared for you on Saturday, November 16, 2019.

British Pound/Bermuda Dollar (FOREX:GBPBMD)

Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. 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_GBPBMD
Open High Low GBPBMD Price Change
1.2936940 1.2939446 1.2936940 1.2939446 +0.0002510
Entry Signal

MarketClub’s Trade Triangles for GBPBMD

long term up The long term trend has been UP since Oct 16th, 2019 at 1.2732500

intermediate term up The intermediate term trend has been UP since Oct 13th, 2019 at 1.2570000

short term up The short term trend has been UP since Nov 11th, 2019 at 1.2906164

Smart Scan Analysis for GBPBMD

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

+100
Smart Scan Analysis for GBPBMD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.2936940 1.2939446 1.2936940 1.2939446 +0.0002510
Prev. Close Volume Bid Ask Time
1.2936940 1.2937942 1.2940950 2019-11-16 16:21:25
Want to analyze British Pound/Bermuda Dollar GBPBMD or another symbol? Try our Free Forex Trend Analysis Report.