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Forex Trend Analysis Report

Prepared for you on Tuesday, December 11, 2018.

/British Pound (FOREX:BYNGBP)

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_BYNGBP
Open High Low BYNGBP Price Change
0.36947 0.36947 0.36947 0.36947 0.00000
Entry Signal

MarketClub’s Trade Triangles for BYNGBP

long term down The long term trend has been DOWN since Sep 5th, 2018 at 0.368780

intermediate term up The intermediate term trend has been UP since Nov 18th, 2018 at 0.370675

short term up The short term trend has been UP since Dec 3rd, 2018 at 0.367380

Smart Scan Analysis for BYNGBP

Based on a pre-defined weighted trend formula for chart analysis, BYNGBP scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+70
Smart Scan Analysis for BYNGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.36947 0.36947 0.36947 0.36947 0.00000
Prev. Close Volume Bid Ask Time
0.36947 0.36871 0.37023 2018-12-09 20:46:58
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