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Forex Trend Analysis Report

Prepared for you on Sunday, December 10, 2017.

British Pound/Euro (FOREX:GBPEUR)

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_GBPEUR
Open High Low GBPEUR Price Change
1.137200 1.138100 1.137125 1.137995 +0.000795
Entry Signal

MarketClub’s Trade Triangles for GBPEUR

long term up The long term trend has been UP since Nov 1st, 2017 at 1.143300

intermediate term up The intermediate term trend has been UP since Nov 30th, 2017 at 1.137465

short term up The short term trend has been UP since Dec 7th, 2017 at 1.141950

Smart Scan Analysis for GBPEUR

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

+100
Smart Scan Analysis for GBPEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.137200 1.138100 1.137125 1.137995 +0.000795
Prev. Close Volume Bid Ask Time
1.137200 1.137890 1.138100 2017-12-10 19:10:28
Want to analyze British Pound/Euro GBPEUR or another symbol? Try our Free Forex Trend Analysis Report.