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Forex Trend Analysis Report

Prepared for you on Thursday, April 19, 2018.

British Pound/Argentine Peso (FOREX:GBPARS)

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_GBPARS
Open High Low GBPARS Price Change
28.558 28.608 28.552 28.568 +0.010
Entry Signal

MarketClub’s Trade Triangles for GBPARS

long term up The long term trend has been UP since May 9th, 2017 at 20.1110

intermediate term up The intermediate term trend has been UP since Sep 10th, 2017 at 22.7690

short term down The short term trend has been DOWN since Apr 18th, 2018 at 28.7385

Smart Scan Analysis for GBPARS

Based on a pre-defined weighted trend formula for chart analysis, GBPARS scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+75
Smart Scan Analysis for GBPARS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
28.558 28.608 28.552 28.568 +0.010
Prev. Close Volume Bid Ask Time
28.558 28.561 28.575 2018-04-19 05:50:41
Want to analyze British Pound/Argentine Peso GBPARS or another symbol? Try our Free Forex Trend Analysis Report.