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Forex Trend Analysis Report

Prepared for you on Wednesday, December 19, 2018.

British Pound/ (FOREX:GBPAFN)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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_GBPAFN
Open High Low GBPAFN Price Change
95.536 95.536 95.536 95.536 0.000
Entry Signal

MarketClub’s Trade Triangles for GBPAFN

long term up The long term trend has been UP since Sep 16th, 2018 at 97.567

intermediate term down The intermediate term trend has been DOWN since Oct 28th, 2018 at 98.986

short term down The short term trend has been DOWN since Dec 2nd, 2018 at 97.525

Smart Scan Analysis for GBPAFN

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

-70
Smart Scan Analysis for GBPAFN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
95.536 95.536 95.536 95.536 0.000
Prev. Close Volume Bid Ask Time
95.536 94.423 96.649 2018-12-16 20:54:00
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