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Forex Trend Analysis Report

Prepared for you on Saturday, December 15, 2018.

British Pound/Brunei Dollar (FOREX:GBPBND)

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_GBPBND
Open High Low GBPBND Price Change
1.98740 1.99045 1.97435 1.98115 -0.00625
Entry Signal

MarketClub’s Trade Triangles for GBPBND

long term down The long term trend has been DOWN since Dec 11th, 2018 at 1.7362

intermediate term down The intermediate term trend has been DOWN since Dec 11th, 2018 at 1.7362

short term down The short term trend has been DOWN since Dec 9th, 2018 at 1.7470

Smart Scan Analysis for GBPBND

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

-70
Smart Scan Analysis for GBPBND
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.98740 1.99045 1.97435 1.98115 -0.00625
Prev. Close Volume Bid Ask Time
1.98740 0.82480 3.13750 2018-12-14 13:06:56
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