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Forex Trend Analysis Report

Prepared for you on Thursday, January 17, 2019.

British Pound/ (FOREX:GBPGHS)

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with 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_GBPGHS
Open High Low GBPGHS Price Change
6.30975 6.30975 6.30975 6.30975 0.00000
Entry Signal

MarketClub’s Trade Triangles for GBPGHS

long term down The long term trend has been DOWN since Dec 11th, 2018 at 6.09320

intermediate term up The intermediate term trend has been UP since Jan 7th, 2019 at 6.22860

short term up The short term trend has been UP since Jan 7th, 2019 at 6.16955

Smart Scan Analysis for GBPGHS

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

+70
Smart Scan Analysis for GBPGHS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
6.30975 6.30975 6.30975 6.30975 0.00000
Prev. Close Volume Bid Ask Time
6.30975 6.28170 6.33780 2019-01-14 20:58:45
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