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Forex Trend Analysis Report

Prepared for you on Tuesday, June 18, 2019.

British Pound/Special Drawing Right (FOREX:GBPSDR)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend 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.

FOREX_GBPSDR
Open High Low GBPSDR Price Change
0.91357 0.91357 0.91357 0.91357 0.00000
Entry Signal

MarketClub’s Trade Triangles for GBPSDR

long term down The long term trend has been DOWN since May 22nd, 2019 at 0.92516

intermediate term down The intermediate term trend has been DOWN since May 15th, 2019 at 0.93461

short term down The short term trend has been DOWN since Jun 13th, 2019 at 0.91532

Smart Scan Analysis for GBPSDR

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

-100
Smart Scan Analysis for GBPSDR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.91357 0.91357 0.91357 0.91357 0.00000
Prev. Close Volume Bid Ask Time
0.91357 0.91357 0.91357 2019-06-17 04:07:16
Want to analyze British Pound/Special Drawing Right GBPSDR or another symbol? Try our Free Forex Trend Analysis Report.