Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Tuesday, May 21, 2019.

Special Drawing Right/British Pound (FOREX:SDRGBP)

Smart Scan Chart Analysis indicates that the upward trend for this market is at a crossroads and has possibly ended. Look for choppy trading conditions in the near term Trading Range Mode.

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_SDRGBP
Open High Low SDRGBP Price Change
1.078 1.078 1.078 1.078 0.000
Entry Signal

MarketClub’s Trade Triangles for SDRGBP

long term down The long term trend has been DOWN since Feb 25th, 2019 at 1.0615

intermediate term up The intermediate term trend has been UP since May 15th, 2019 at 1.0700

short term up The short term trend has been UP since May 15th, 2019 at 1.0700

Smart Scan Analysis for SDRGBP

Based on a pre-defined weighted trend formula for chart analysis, SDRGBP scored +50 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+50
Smart Scan Analysis for SDRGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.078 1.078 1.078 1.078 0.000
Prev. Close Volume Bid Ask Time
1.085 1.078 1.078 2019-05-16 09:07:38
Want to analyze Special Drawing Right/British Pound SDRGBP or another symbol? Try our Free Forex Trend Analysis Report.