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Forex Trend Analysis Report

Prepared for you on Saturday, May 25, 2019.

British Pound/Bahamian Dollar (FOREX:GBPBSD)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend 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_GBPBSD
Open High Low GBPBSD Price Change
1.26925 1.26925 1.26865 1.26925 0.00000
Entry Signal

MarketClub’s Trade Triangles for GBPBSD

long term down The long term trend has been DOWN since May 22nd, 2019 at 1.28195

intermediate term down The intermediate term trend has been DOWN since Apr 18th, 2019 at 1.30290

short term down The short term trend has been DOWN since May 15th, 2019 at 1.30175

Smart Scan Analysis for GBPBSD

Based on a pre-defined weighted trend formula for chart analysis, GBPBSD scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for GBPBSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.26925 1.26925 1.26865 1.26925 0.00000
Prev. Close Volume Bid Ask Time
1.26925 1.26130 1.27720 2019-05-25 11:00:37
Want to analyze British Pound/Bahamian Dollar GBPBSD or another symbol? Try our Free Forex Trend Analysis Report.