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Forex Trend Analysis Report

Prepared for you on Saturday, July 21, 2018.

British Pound/Indonesian Rupiah (FOREX:GBPIDR)

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.

FOREX_GBPIDR
Open High Low GBPIDR Price Change
18797.90 18897.50 18797.90 18870.05 +72.15
Entry Signal

MarketClub’s Trade Triangles for GBPIDR

long term down The long term trend has been DOWN since May 25th, 2018 at 18727.5

intermediate term up The intermediate term trend has been UP since Jun 29th, 2018 at 18884.0

short term down The short term trend has been DOWN since Jul 17th, 2018 at 18868.4

Smart Scan Analysis for GBPIDR

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

-65
Smart Scan Analysis for GBPIDR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
18797.90 18897.50 18797.90 18870.05 +72.15
Prev. Close Volume Bid Ask Time
18797.9 18612.80 19127.30 2018-07-21 17:28:41
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