Forex Trend Analysis Report
Prepared for you on Tuesday, March 26, 2019.
British Pound/Ukrainian Hryvnia (FOREX:GBPUAH)
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 GBPUAH
The long term trend has been DOWN since Dec 9th, 2018 at 35.3745
The intermediate term trend has been DOWN since Feb 5th, 2019 at 36.0145
The short term trend has been UP since Mar 20th, 2019 at 35.4055
Smart Scan Analysis for GBPUAH
Based on a pre-defined weighted trend formula for chart analysis, GBPUAH scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).