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Forex Trend Analysis Report

Prepared for you on Wednesday, July 18, 2018.

Bermuda Dollar/British Pound (FOREX:BMDGBP)

Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend 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_BMDGBP
Open High Low BMDGBP Price Change
0.760690 0.766195 0.760680 0.763625 +0.002935
Entry Signal

MarketClub’s Trade Triangles for BMDGBP

long term up The long term trend has been UP since May 1st, 2018 at 0.728595

intermediate term up The intermediate term trend has been UP since Jul 18th, 2018 at 0.763955

short term up The short term trend has been UP since Jul 17th, 2018 at 0.760415

Smart Scan Analysis for BMDGBP

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

+90
Smart Scan Analysis for BMDGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.760690 0.766195 0.760680 0.763625 +0.002935
Prev. Close Volume Bid Ask Time
0.760690 0.763600 0.763650 2018-07-18 16:20:47
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