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Forex Trend Analysis Report

Prepared for you on Friday, November 16, 2018.

British Pound/Argentine Peso (FOREX:GBPARS)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.

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
46.0985 46.9550 46.0575 46.1305 +0.0320
Entry Signal

MarketClub’s Trade Triangles for GBPARS

long term up The long term trend has been UP since May 9th, 2017 at 20.111

intermediate term down The intermediate term trend has been DOWN since Oct 12th, 2018 at 47.820

short term up The short term trend has been UP since Nov 13th, 2018 at 46.351

Smart Scan Analysis for GBPARS

Based on a pre-defined weighted trend formula for chart analysis, GBPARS scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-55
Smart Scan Analysis for GBPARS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
46.0985 46.9550 46.0575 46.1305 +0.0320
Prev. Close Volume Bid Ask Time
46.0985 46.1240 46.1370 2018-11-16 12:41:18
Want to analyze British Pound/Argentine Peso GBPARS or another symbol? Try our Free Forex Trend Analysis Report.