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Forex Trend Analysis Report

Prepared for you on Wednesday, December 19, 2018.

Brunei Dollar/British Pound (FOREX:BNDGBP)

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_BNDGBP
Open High Low BNDGBP Price Change
0.76040 0.76093 0.75911 0.76030 -0.00010
Entry Signal

MarketClub’s Trade Triangles for BNDGBP

long term up The long term trend has been UP since Nov 29th, 2018 at 0.724165

intermediate term up The intermediate term trend has been UP since Nov 12th, 2018 at 0.582000

short term down The short term trend has been DOWN since Dec 13th, 2018 at 0.579975

Smart Scan Analysis for BNDGBP

Based on a pre-defined weighted trend formula for chart analysis, BNDGBP scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+75
Smart Scan Analysis for BNDGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.76040 0.76093 0.75911 0.76030 -0.00010
Prev. Close Volume Bid Ask Time
0.76040 0.31650 1.20410 2018-12-19 04:52:04
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