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Forex Trend Analysis Report

Prepared for you on Friday, November 17, 2017.

British Pound/Hong Kong Dollar (FOREX:GBPHKD)

Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend 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.

FOREX_GBPHKD
Open High Low GBPHKD Price Change
10.333670 10.355935 10.294500 10.309000 -0.024670
Entry Signal

MarketClub’s Trade Triangles for GBPHKD

long term up The long term trend has been UP since Apr 18th, 2017 at 9.857765

intermediate term down The intermediate term trend has been DOWN since Oct 5th, 2017 at 10.279000

short term up The short term trend has been UP since Nov 15th, 2017 at 10.293500

Smart Scan Analysis for GBPHKD

Based on a pre-defined weighted trend formula for chart analysis, GBPHKD scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+65
Smart Scan Analysis for GBPHKD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
10.333670 10.355935 10.294500 10.309000 -0.024670
Prev. Close Volume Bid Ask Time
10.333670 10.286000 10.332000 2017-11-17 21:42:51
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