Analyze Symbol
Forex Trend Analysis Report
Prepared for you on Sunday, July 21, 2019.
British Pound/ (FOREX:GBPCDF)
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.
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MarketClub’s Trade Triangles for GBPCDF
The long term trend has been DOWN since May 22nd, 2019 at 2109.35
The intermediate term trend has been DOWN since Jul 2nd, 2019 at 2082.45
The short term trend has been DOWN since Jul 16th, 2019 at 2069.55
Smart Scan Analysis for GBPCDF
Based on a pre-defined weighted trend formula for chart analysis, GBPCDF scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2071.4 | 2071.4 | 2071.4 | 2071.4 | 0.0 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2071.4 | 2043.5 | 2099.3 | 2019-07-20 09:18:27 |