Analyze Symbol
Forex Trend Analysis Report
Prepared for you on Tuesday, June 18, 2019.
British Pound/Maldivian Rufiyaa (FOREX:GBPMVR)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with 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.
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MarketClub’s Trade Triangles for GBPMVR
The long term trend has been DOWN since May 16th, 2019 at 19.9190
The intermediate term trend has been UP since Jun 12th, 2019 at 19.6410
The short term trend has been DOWN since Jun 13th, 2019 at 19.6295
Smart Scan Analysis for GBPMVR
Based on a pre-defined weighted trend formula for chart analysis, GBPMVR scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 19.602 | 19.602 | 19.602 | 19.602 | 0.000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 19.602 | 19.158 | 20.046 | 2019-06-13 15:48:10 |