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Forex Trend Analysis Report

Prepared for you on Thursday, November 21, 2019.

British Pound/Brunei Dollar (FOREX:GBPBND)

Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.

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_GBPBND
Open High Low GBPBND Price Change
1.7571850 1.7571850 1.7571850 1.7571850 0.0000000
Entry Signal

MarketClub’s Trade Triangles for GBPBND

long term up The long term trend has been UP since Oct 23rd, 2019 at 1.7290500

intermediate term down The intermediate term trend has been DOWN since Nov 11th, 2019 at 1.7480553

short term up The short term trend has been UP since Nov 18th, 2019 at 1.7512010

Smart Scan Analysis for GBPBND

Based on a pre-defined weighted trend formula for chart analysis, GBPBND scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+55
Smart Scan Analysis for GBPBND
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.7571850 1.7571850 1.7571850 1.7571850 0.0000000
Prev. Close Volume Bid Ask Time
1.7619382 1.7280075 1.7863624 2019-11-20 20:01:00
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