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Forex Trend Analysis Report

Prepared for you on Monday, October 22, 2018.

British Pound/Cape Verdean Escudo (FOREX:GBPCVE)

Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-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_GBPCVE
Open High Low GBPCVE Price Change
125.17 125.17 125.17 125.17 0.00
Entry Signal

MarketClub’s Trade Triangles for GBPCVE

long term up The long term trend has been UP since Oct 7th, 2018 at 125.10

intermediate term up The intermediate term trend has been UP since Sep 9th, 2018 at 122.94

short term down The short term trend has been DOWN since Oct 21st, 2018 at 125.34

Smart Scan Analysis for GBPCVE

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

+55
Smart Scan Analysis for GBPCVE
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
125.17 125.17 125.17 125.17 0.00
Prev. Close Volume Bid Ask Time
125.17 125.17 125.17 2018-10-21 20:20:49
Want to analyze British Pound/Cape Verdean Escudo GBPCVE or another symbol? Try our Free Forex Trend Analysis Report.