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Forex Trend Analysis Report

Prepared for you on Wednesday, December 11, 2019.

British Pound/ (FOREX:GBPZMW)

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.

FOREX_GBPZMW
Open High Low GBPZMW Price Change
18.950741 18.950741 18.950741 18.950741 0.000000
Entry Signal

MarketClub’s Trade Triangles for GBPZMW

long term up The long term trend has been UP since Oct 13th, 2019 at 16.509500

intermediate term up The intermediate term trend has been UP since Aug 18th, 2019 at 15.783500

short term down The short term trend has been DOWN since Dec 10th, 2019 at 18.981946

Smart Scan Analysis for GBPZMW

Based on a pre-defined weighted trend formula for chart analysis, GBPZMW scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+75
Smart Scan Analysis for GBPZMW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
18.950741 18.950741 18.950741 18.950741 0.000000
Prev. Close Volume Bid Ask Time
18.950741 18.891293 19.010189 2019-12-10 07:24:09
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