Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Friday, August 23, 2019.

British Pound/Algerian Dinar (FOREX:GBPDZD)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight money management stops.

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
146.845 146.845 146.820 146.820 -0.025
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 up The short term trend has been UP since Aug 15th, 2019 at 144.51

Smart Scan Analysis for GBPDZD

Based on a pre-defined weighted trend formula for chart analysis, GBPDZD scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-65
Smart Scan Analysis for GBPDZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
146.845 146.845 146.820 146.820 -0.025
Prev. Close Volume Bid Ask Time
146.845 146.270 147.370 2019-08-23 01:22:43
Want to analyze British Pound/Algerian Dinar GBPDZD or another symbol? Try our Free Forex Trend Analysis Report.