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Forex Trend Analysis Report

Prepared for you on Tuesday, February 19, 2019.

US Dollar/British Pound (FOREX:USDGBP)

Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend Very 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_USDGBP
Open High Low USDGBP Price Change
0.775125 0.775500 0.764900 0.765595 -0.009530
Entry Signal

MarketClub’s Trade Triangles for USDGBP

long term up The long term trend has been UP since May 1st, 2018 at 0.729035

intermediate term up The intermediate term trend has been UP since Feb 14th, 2019 at 0.779200

short term down The short term trend has been DOWN since Feb 18th, 2019 at 0.773140

Smart Scan Analysis for USDGBP

Based on a pre-defined weighted trend formula for chart analysis, USDGBP scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+65
Smart Scan Analysis for USDGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.775125 0.775500 0.764900 0.765595 -0.009530
Prev. Close Volume Bid Ask Time
0.775125 0.765520 0.765670 2019-02-19 19:39:55
Want to analyze US Dollar/British Pound USDGBP or another symbol? Try our Free Forex Trend Analysis Report.