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Forex Trend Analysis Report

Prepared for you on Tuesday, October 16, 2018.

British Pound/Kuwaiti Dinar (FOREX:GBPKWD)

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_GBPKWD
Open High Low GBPKWD Price Change
0.398565 0.400040 0.398565 0.399775 +0.001210
Entry Signal

MarketClub’s Trade Triangles for GBPKWD

long term down The long term trend has been DOWN since May 2nd, 2018 at 0.41207

intermediate term up The intermediate term trend has been UP since Sep 10th, 2018 at 0.39454

short term down The short term trend has been DOWN since Oct 15th, 2018 at 0.39895

Smart Scan Analysis for GBPKWD

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

+55
Smart Scan Analysis for GBPKWD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.398565 0.400040 0.398565 0.399775 +0.001210
Prev. Close Volume Bid Ask Time
0.398565 0.398640 0.400910 2018-10-16 22:15:10
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