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Forex Trend Analysis Report

Prepared for you on Monday, October 22, 2018.

/British Pound (FOREX:AFNGBP)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend 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_AFNGBP
Open High Low AFNGBP Price Change
0.010103 0.010103 0.010103 0.010103 0.000000
Entry Signal

MarketClub’s Trade Triangles for AFNGBP

long term down The long term trend has been DOWN since Sep 16th, 2018 at 0.010250

intermediate term down The intermediate term trend has been DOWN since Aug 30th, 2018 at 0.010528

short term down The short term trend has been DOWN since Oct 7th, 2018 at 0.010105

Smart Scan Analysis for AFNGBP

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

-90
Smart Scan Analysis for AFNGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.010103 0.010103 0.010103 0.010103 0.000000
Prev. Close Volume Bid Ask Time
0.010103 0.009988 0.010219 2018-10-21 20:21:15
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