Index Trend Analysis Report
Prepared for you on Monday, August 19, 2019.
ISE British Pound FX Spot (NASDAQ:BPX)
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.
MarketClub’s Trade Triangles for BPX
The long term trend has been UP since May 16th, 2019 at 78.29
The intermediate term trend has been UP since May 15th, 2019 at 77.72
The short term trend has been DOWN since Aug 15th, 2019 at 82.64
Smart Scan Analysis for BPX
Based on a pre-defined weighted trend formula for chart analysis, BPX scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||78.98||52wk High Date||2018-08-15|
|52wk Low||69.71||52wk Low Date||2018-01-25|