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Forex Trend Analysis Report

Prepared for you on Friday, November 16, 2018.

British Pound/Guatemalan Quetzal (FOREX:GBPGTQ)

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.

Open High Low GBPGTQ Price Change
9.84950 9.93295 9.84045 9.89170 +0.04220
Entry Signal

MarketClub’s Trade Triangles for GBPGTQ

long term up The long term trend has been UP since Sep 20th, 2018 at 10.1620

intermediate term down The intermediate term trend has been DOWN since Oct 25th, 2018 at 9.9611

short term down The short term trend has been DOWN since Nov 15th, 2018 at 9.8917

Smart Scan Analysis for GBPGTQ

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

Smart Scan Analysis for GBPGTQ
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
9.84950 9.93295 9.84045 9.89170 +0.04220
Prev. Close Volume Bid Ask Time
9.84950 9.89130 9.89210 2018-11-16 13:42:08
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