Forex Trend Analysis Report
Prepared for you on Saturday, July 20, 2019.
British Pound/Tunisian Dinar (FOREX:GBPTND)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with 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.
MarketClub’s Trade Triangles for GBPTND
The long term trend has been DOWN since May 16th, 2019 at 3.83420
The intermediate term trend has been DOWN since Jun 25th, 2019 at 3.68790
The short term trend has been UP since Jul 19th, 2019 at 3.60635
Smart Scan Analysis for GBPTND
Based on a pre-defined weighted trend formula for chart analysis, GBPTND scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).