Forex Trend Analysis Report
Prepared for you on Monday, March 25, 2019.
British Pound/Chinese Renminbi Yuan (FOREX:GBPCNY)
Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend 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.
MarketClub’s Trade Triangles for GBPCNY
The long term trend has been UP since Mar 13th, 2019 at 8.92215
The intermediate term trend has been UP since Feb 26th, 2019 at 8.83690
The short term trend has been UP since Mar 25th, 2019 at 8.88260
Smart Scan Analysis for GBPCNY
Based on a pre-defined weighted trend formula for chart analysis, GBPCNY scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).