Forex Trend Analysis Report
Prepared for you on Wednesday, April 24, 2019.
British Pound/Uruguayan Peso (FOREX:GBPUYU)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight 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 GBPUYU
The long term trend has been UP since Feb 25th, 2019 at 42.8115
The intermediate term trend has been UP since Feb 24th, 2019 at 42.6750
The short term trend has been UP since Mar 14th, 2019 at 43.1145
Smart Scan Analysis for GBPUYU
Based on a pre-defined weighted trend formula for chart analysis, GBPUYU scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).