Forex Trend Analysis Report
Prepared for you on Friday, March 22, 2019.
British Pound/Guinea Franc (FOREX:GBPGNF)
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 GBPGNF
The long term trend has been UP since Jan 31st, 2019 at 11957.0
The intermediate term trend has been UP since Feb 25th, 2019 at 11942.1
The short term trend has been UP since Mar 17th, 2019 at 12025.9
Smart Scan Analysis for GBPGNF
Based on a pre-defined weighted trend formula for chart analysis, GBPGNF scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).