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Forex Trend Analysis Report

Prepared for you on Saturday, August 18, 2018.

Chinese Renminbi Yuan/British Pound (FOREX:CNYGBP)

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_CNYGBP
Open High Low CNYGBP Price Change
0.11415 0.11415 0.11415 0.11415 0.00000
Entry Signal

MarketClub’s Trade Triangles for CNYGBP

long term up The long term trend has been UP since May 1st, 2018 at 0.115370

intermediate term up The intermediate term trend has been UP since Aug 9th, 2018 at 0.114345

short term up The short term trend has been UP since Aug 16th, 2018 at 0.114310

Smart Scan Analysis for CNYGBP

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

+90
Smart Scan Analysis for CNYGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.11415 0.11415 0.11415 0.11415 0.00000
Prev. Close Volume Bid Ask Time
0.11415 0.11413 0.11417 2018-08-18 23:34:19
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