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Forex Trend Analysis Report

Prepared for you on Tuesday, May 22, 2018.

Australian Dollar/British Pound (FOREX:AUDGBP)

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.

FOREX_AUDGBP
Open High Low AUDGBP Price Change
0.565040 0.565830 0.563540 0.565015 -0.000025
Entry Signal

MarketClub’s Trade Triangles for AUDGBP

long term down The long term trend has been DOWN since Oct 25th, 2017 at 0.582300

intermediate term up The intermediate term trend has been UP since Apr 19th, 2018 at 0.549825

short term up The short term trend has been UP since May 16th, 2018 at 0.557525

Smart Scan Analysis for AUDGBP

Based on a pre-defined weighted trend formula for chart analysis, AUDGBP scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+70
Smart Scan Analysis for AUDGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.565040 0.565830 0.563540 0.565015 -0.000025
Prev. Close Volume Bid Ask Time
0.565040 0.564970 0.565060 2018-05-22 11:23:55
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