Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Sunday, June 16, 2019.

British Pound/Algerian Dinar (FOREX:GBPDZD)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. 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_GBPDZD
Open High Low GBPDZD Price Change
150.85 150.85 150.40 150.40 -0.45
Entry Signal

MarketClub’s Trade Triangles for GBPDZD

long term down The long term trend has been DOWN since May 21st, 2019 at 152.02

intermediate term down The intermediate term trend has been DOWN since May 14th, 2019 at 154.27

short term down The short term trend has been DOWN since Jun 14th, 2019 at 150.72

Smart Scan Analysis for GBPDZD

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

-100
Smart Scan Analysis for GBPDZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
150.85 150.85 150.40 150.40 -0.45
Prev. Close Volume Bid Ask Time
150.85 149.84 150.96 2019-06-15 11:17:29
Want to analyze British Pound/Algerian Dinar GBPDZD or another symbol? Try our Free Forex Trend Analysis Report.