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Forex Trend Analysis Report

Prepared for you on Monday, October 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
1.85310 1.85875 1.85165 1.85630 +0.00320
Entry Signal

MarketClub’s Trade Triangles for GBPBND

long term down The long term trend has been DOWN since Aug 8th, 2018 at 1.77505

intermediate term down The intermediate term trend has been DOWN since Sep 30th, 2018 at 1.78580

short term down The short term trend has been DOWN since Oct 15th, 2018 at 1.85270

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
1.85310 1.85875 1.85165 1.85630 +0.00320
Prev. Close Volume Bid Ask Time
1.85310 1.52030 2.19230 2018-10-15 14:32:01
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