Forex Trend Analysis Report
Prepared for you on Friday, July 19, 2019.
British Pound/Trinidad and Tobago Dollar (FOREX:GBPTTD)
Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. 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.
MarketClub’s Trade Triangles for GBPTTD
The long term trend has been DOWN since May 16th, 2019 at 8.68890
The intermediate term trend has been DOWN since Jul 2nd, 2019 at 8.54765
The short term trend has been DOWN since Jul 2nd, 2019 at 8.59150
Smart Scan Analysis for GBPTTD
Based on a pre-defined weighted trend formula for chart analysis, GBPTTD scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).