Forex Trend Analysis Report
Prepared for you on Monday, May 20, 2019.
British Pound/Haitian Gourde (FOREX:GBPHTG)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines 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.
MarketClub’s Trade Triangles for GBPHTG
The long term trend has been UP since Aug 29th, 2018 at 89.7440
The intermediate term trend has been UP since Aug 21st, 2018 at 88.0895
The short term trend has been DOWN since May 8th, 2019 at 113.4800
Smart Scan Analysis for GBPHTG
Based on a pre-defined weighted trend formula for chart analysis, GBPHTG scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).