Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Saturday, February 16, 2019.

British Pound/Brunei Dollar (FOREX:GBPBND)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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_GBPBND
Open High Low GBPBND Price Change
1.72965 1.73690 1.72720 1.73655 +0.00690
Entry Signal

MarketClub’s Trade Triangles for GBPBND

long term up The long term trend has been UP since Jan 14th, 2019 at 2.022895

intermediate term down The intermediate term trend has been DOWN since Feb 7th, 2019 at 1.743550

short term down The short term trend has been DOWN since Feb 11th, 2019 at 1.737100

Smart Scan Analysis for GBPBND

Based on a pre-defined weighted trend formula for chart analysis, GBPBND scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for GBPBND
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.72965 1.73690 1.72720 1.73655 +0.00690
Prev. Close Volume Bid Ask Time
1.72965 1.73580 1.73730 2019-02-15 13:22:30
Want to analyze British Pound/Brunei Dollar GBPBND or another symbol? Try our Free Forex Trend Analysis Report.