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Forex Trend Analysis Report

Prepared for you on Saturday, March 23, 2019.

British Pound/Nicaraguan Cordoba (FOREX:GBPNIO)

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend 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.

FOREX_GBPNIO
Open High Low GBPNIO Price Change
43.398 43.398 43.398 43.398 0.000
Entry Signal

MarketClub’s Trade Triangles for GBPNIO

long term up The long term trend has been UP since Jan 24th, 2019 at 42.6370

intermediate term up The intermediate term trend has been UP since Feb 25th, 2019 at 43.0245

short term down The short term trend has been DOWN since Mar 20th, 2019 at 43.2920

Smart Scan Analysis for GBPNIO

Based on a pre-defined weighted trend formula for chart analysis, GBPNIO scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+75
Smart Scan Analysis for GBPNIO
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
43.398 43.398 43.398 43.398 0.000
Prev. Close Volume Bid Ask Time
43.398 43.395 43.401 2019-03-23 13:06:29
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