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Forex Trend Analysis Report

Prepared for you on Sunday, August 19, 2018.

Euro/British Pound (FOREX:EURGBP)

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_EURGBP
Open High Low EURGBP Price Change
0.898250 0.898250 0.896860 0.897045 -0.001205
Entry Signal

MarketClub’s Trade Triangles for EURGBP

long term up The long term trend has been UP since Jul 9th, 2018 at 0.88875

intermediate term up The intermediate term trend has been UP since Jun 7th, 2018 at 0.88275

short term up The short term trend has been UP since Aug 16th, 2018 at 0.89495

Smart Scan Analysis for EURGBP

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

+90
Smart Scan Analysis for EURGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.898250 0.898250 0.896860 0.897045 -0.001205
Prev. Close Volume Bid Ask Time
0.898250 0.897000 0.897090 2018-08-19 20:51:49
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