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Forex Trend Analysis Report

Prepared for you on Thursday, September 20, 2018.

British Pound/ (FOREX:GBPGHS)

Smart Scan Chart Analysis indicates that the upward trend for this market is at a crossroads and has possibly ended. Look for choppy trading conditions in the near term Trading Range 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_GBPGHS
Open High Low GBPGHS Price Change
6.2849 6.2849 6.2849 6.2849 0.0000
Entry Signal

MarketClub’s Trade Triangles for GBPGHS

long term down The long term trend has been DOWN since Aug 9th, 2018 at 6.14640

intermediate term up The intermediate term trend has been UP since Aug 31st, 2018 at 6.24440

short term up The short term trend has been UP since Sep 11th, 2018 at 6.16045

Smart Scan Analysis for GBPGHS

Based on a pre-defined weighted trend formula for chart analysis, GBPGHS scored +50 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+50
Smart Scan Analysis for GBPGHS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
6.2849 6.2849 6.2849 6.2849 0.0000
Prev. Close Volume Bid Ask Time
6.2849 6.2567 6.3131 2018-09-18 21:15:22
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