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Forex Trend Analysis Report

Prepared for you on Thursday, November 15, 2018.

British Pound/Japanese Yen (FOREX:GBPJPY)

Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.

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_GBPJPY
Open High Low GBPJPY Price Change
147.5755 147.8885 144.4405 145.0305 -2.5450
Entry Signal

MarketClub’s Trade Triangles for GBPJPY

long term up The long term trend has been UP since Sep 20th, 2018 at 149.3035

intermediate term up The intermediate term trend has been UP since Nov 6th, 2018 at 148.3265

short term down The short term trend has been DOWN since Nov 11th, 2018 at 147.5125

Smart Scan Analysis for GBPJPY

Based on a pre-defined weighted trend formula for chart analysis, GBPJPY scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+55
Smart Scan Analysis for GBPJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
147.5755 147.8885 144.4405 145.0305 -2.5450
Prev. Close Volume Bid Ask Time
147.5755 145.0180 145.0430 2018-11-15 22:19:39
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