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Forex Trend Analysis Report

Prepared for you on Monday, January 21, 2019.

US Dollar/Egyptian Pound (FOREX:USDEGP)

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_USDEGP
Open High Low USDEGP Price Change
17.8840 17.8840 17.8830 17.8835 -0.0005
Entry Signal

MarketClub’s Trade Triangles for USDEGP

long term up The long term trend has been UP since Jan 14th, 2019 at 17.9920

intermediate term up The intermediate term trend has been UP since Jan 14th, 2019 at 17.9920

short term down The short term trend has been DOWN since Jan 16th, 2019 at 17.8354

Smart Scan Analysis for USDEGP

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

+65
Smart Scan Analysis for USDEGP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
17.8840 17.8840 17.8830 17.8835 -0.0005
Prev. Close Volume Bid Ask Time
17.8840 17.8535 17.9135 2019-01-21 00:05:07
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