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Forex Trend Analysis Report

Prepared for you on Saturday, May 25, 2019.

US Dollar/British Pound (FOREX:USDGBP)

Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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
0.786595 0.786595 0.786505 0.786505 -0.000090
Entry Signal

MarketClub’s Trade Triangles for USDGBP

long term up The long term trend has been UP since May 17th, 2019 at 0.782535

intermediate term up The intermediate term trend has been UP since May 15th, 2019 at 0.777105

short term up The short term trend has been UP since May 22nd, 2019 at 0.788300

Smart Scan Analysis for USDGBP

Based on a pre-defined weighted trend formula for chart analysis, USDGBP scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+90
Smart Scan Analysis for USDGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.786595 0.786595 0.786505 0.786505 -0.000090
Prev. Close Volume Bid Ask Time
0.786595 0.786410 0.786600 2019-05-25 15:07:27
Want to analyze US Dollar/British Pound USDGBP or another symbol? Try our Free Forex Trend Analysis Report.