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Forex Trend Analysis Report

Prepared for you on Monday, May 21, 2018.

British Pound/Indonesian Rupiah (FOREX:GBPIDR)

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_GBPIDR
Open High Low GBPIDR Price Change
19094.0 19109.0 19072.5 19089.0 -5.0
Entry Signal

MarketClub’s Trade Triangles for GBPIDR

long term up The long term trend has been UP since Apr 18th, 2017 at 16990.5

intermediate term down The intermediate term trend has been DOWN since Apr 27th, 2018 at 19230.0

short term up The short term trend has been UP since May 15th, 2018 at 19102.0

Smart Scan Analysis for GBPIDR

Based on a pre-defined weighted trend formula for chart analysis, GBPIDR scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+75
Smart Scan Analysis for GBPIDR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
19094.0 19109.0 19072.5 19089.0 -5.0
Prev. Close Volume Bid Ask Time
19094 19084.0 19094.0 2018-05-21 01:06:51
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