Analyze Symbol
Forex Trend Analysis Report
Prepared for you on Sunday, April 21, 2019.
British Pound/ (FOREX:GBPRSD)
Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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 GBPRSD
The long term trend has been UP since Jan 24th, 2019 at 136.685
The intermediate term trend has been DOWN since Mar 21st, 2019 at 135.625
The short term trend has been DOWN since Apr 12th, 2019 at 136.270
Smart Scan Analysis for GBPRSD
Based on a pre-defined weighted trend formula for chart analysis, GBPRSD scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 136.235 | 136.735 | 136.115 | 136.545 | +0.310 |
| Prev. Close | Volume | Bid | Ask | Time |
| 136.235 | 136.400 | 136.690 | 2019-04-18 18:19:06 |