Forex Trend Analysis Report
Prepared for you on Sunday, March 24, 2019.
Haitian Gourde/British Pound (FOREX:HTGGBP)
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 HTGGBP
The long term trend has been DOWN since Aug 29th, 2018 at 0.011140
The intermediate term trend has been DOWN since Aug 21st, 2018 at 0.011352
The short term trend has been UP since Mar 20th, 2019 at 0.009120
Smart Scan Analysis for HTGGBP
Based on a pre-defined weighted trend formula for chart analysis, HTGGBP scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).