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Forex Trend Analysis Report

Prepared for you on Monday, October 14, 2019.

British Pound/Cuban Peso (FOREX:GBPCUP)

Smart Scan Chart Analysis indicates that the upward trend for this market is at a crossroads and has possibly ended. Look for choppy trading conditions in the near term Trading Range Mode.

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_GBPCUP
Open High Low GBPCUP Price Change
1.256544 1.256544 1.256544 1.256544 0.000000
Entry Signal

MarketClub’s Trade Triangles for GBPCUP

long term down The long term trend has been DOWN since May 19th, 2019 at 1.28160

intermediate term up The intermediate term trend has been UP since Oct 13th, 2019 at 1.24955

short term up The short term trend has been UP since Oct 13th, 2019 at 1.23400

Smart Scan Analysis for GBPCUP

Based on a pre-defined weighted trend formula for chart analysis, GBPCUP scored +50 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+50
Smart Scan Analysis for GBPCUP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.256544 1.256544 1.256544 1.256544 0.000000
Prev. Close Volume Bid Ask Time
1.256544 1.222399 1.290690 2019-10-13 05:22:22
Want to analyze British Pound/Cuban Peso GBPCUP or another symbol? Try our Free Forex Trend Analysis Report.