Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Sunday, July 21, 2019.

British Pound/ (FOREX:GBPBTN)

Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with 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_GBPBTN
Open High Low GBPBTN Price Change
86.231 86.231 86.231 86.231 0.000
Entry Signal

MarketClub’s Trade Triangles for GBPBTN

long term down The long term trend has been DOWN since May 19th, 2019 at 90.0380

intermediate term down The intermediate term trend has been DOWN since Jul 1st, 2019 at 87.7795

short term up The short term trend has been UP since Jul 19th, 2019 at 85.9650

Smart Scan Analysis for GBPBTN

Based on a pre-defined weighted trend formula for chart analysis, GBPBTN scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-75
Smart Scan Analysis for GBPBTN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
86.231 86.231 86.231 86.231 0.000
Prev. Close Volume Bid Ask Time
85.9345 85.115 87.347 2019-07-19 08:39:11
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