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Forex Trend Analysis Report

Prepared for you on Tuesday, February 19, 2019.

British Pound/East Caribbean Dollar (FOREX:GBPXCD)

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.

FOREX_GBPXCD
Open High Low GBPXCD Price Change
3.48605 3.48695 3.48535 3.48625 +0.00020
Entry Signal

MarketClub’s Trade Triangles for GBPXCD

long term down The long term trend has been DOWN since May 1st, 2018 at 3.70760

intermediate term down The intermediate term trend has been DOWN since Feb 14th, 2019 at 3.46885

short term up The short term trend has been UP since Feb 17th, 2019 at 3.49490

Smart Scan Analysis for GBPXCD

Based on a pre-defined weighted trend formula for chart analysis, GBPXCD scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-85
Smart Scan Analysis for GBPXCD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.48605 3.48695 3.48535 3.48625 +0.00020
Prev. Close Volume Bid Ask Time
3.48605 3.46760 3.50490 2019-02-19 01:17:47
Want to analyze British Pound/East Caribbean Dollar GBPXCD or another symbol? Try our Free Forex Trend Analysis Report.