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Forex Trend Analysis Report

Prepared for you on Sunday, December 16, 2018.

Ethiopian Birr/British Pound (FOREX:ETBGBP)

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_ETBGBP
Open High Low ETBGBP Price Change
0.028133 0.028133 0.028133 0.028133 0.000000
Entry Signal

MarketClub’s Trade Triangles for ETBGBP

long term up The long term trend has been UP since Dec 11th, 2018 at 0.028261

intermediate term up The intermediate term trend has been UP since Dec 9th, 2018 at 0.028109

short term up The short term trend has been UP since Dec 3rd, 2018 at 0.027926

Smart Scan Analysis for ETBGBP

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

+90
Smart Scan Analysis for ETBGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.028133 0.028133 0.028133 0.028133 0.000000
Prev. Close Volume Bid Ask Time
0.028133 0.027913 0.028353 2018-12-13 20:57:25
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