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.

FOREX_GBPCDF
Open High Low GBPCDF Price Change
2071.4 2071.4 2071.4 2071.4 0.0
Entry Signal

MarketClub’s Trade Triangles for GBPCDF

long term down The long term trend has been DOWN since May 22nd, 2019 at 2109.35

intermediate term down The intermediate term trend has been DOWN since Jul 2nd, 2019 at 2082.45

short term down 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).

-90
Smart Scan Analysis for GBPCDF
Strong Downtrend Sideways 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
Want to analyze British Pound/ GBPCDF or another symbol? Try our Free Forex Trend Analysis Report.