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Forex Trend Analysis Report

Prepared for you on Monday, November 19, 2018.

Australian Dollar/Papua New Guinea Kina (FOREX:AUDPGK)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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_AUDPGK
Open High Low AUDPGK Price Change
2.4584 2.4584 2.4584 2.4584 0.0000
Entry Signal

MarketClub’s Trade Triangles for AUDPGK

long term up The long term trend has been UP since Nov 19th, 2018 at 2.45770

intermediate term up The intermediate term trend has been UP since Nov 4th, 2018 at 2.39595

short term up The short term trend has been UP since Oct 31st, 2018 at 2.38060

Smart Scan Analysis for AUDPGK

Based on a pre-defined weighted trend formula for chart analysis, AUDPGK scored +80 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+80
Smart Scan Analysis for AUDPGK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.4584 2.4584 2.4584 2.4584 0.0000
Prev. Close Volume Bid Ask Time
2.4584 2.4073 2.5095 2018-11-19 07:52:56
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