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Forex Trend Analysis Report

Prepared for you on Monday, November 20, 2017.

British Pound/Argentine Peso (FOREX:GBPARS)

Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. 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_GBPARS
Open High Low GBPARS Price Change
23.1840 23.2245 23.1315 23.1885 +0.0045
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 up The intermediate term trend has been UP since Sep 10th, 2017 at 22.769

short term up The short term trend has been UP since Nov 15th, 2017 at 23.052

Smart Scan Analysis for GBPARS

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

+100
Smart Scan Analysis for GBPARS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
23.1840 23.2245 23.1315 23.1885 +0.0045
Prev. Close Volume Bid Ask Time
23.1840 23.1820 23.1950 2017-11-20 06:46:57
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