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Forex Trend Analysis Report

Prepared for you on Friday, January 18, 2019.

British Pound/Lebanese Pound (FOREX:GBPLBP)

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_GBPLBP
Open High Low GBPLBP Price Change
1947.55 1947.55 1947.55 1947.55 0.00
Entry Signal

MarketClub’s Trade Triangles for GBPLBP

long term down The long term trend has been DOWN since Jul 22nd, 2018 at 1983.20

intermediate term up The intermediate term trend has been UP since Dec 31st, 2018 at 1919.05

short term up The short term trend has been UP since Jan 7th, 2019 at 1922.05

Smart Scan Analysis for GBPLBP

Based on a pre-defined weighted trend formula for chart analysis, GBPLBP scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+70
Smart Scan Analysis for GBPLBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1947.55 1947.55 1947.55 1947.55 0.00
Prev. Close Volume Bid Ask Time
1947.55 1941.90 1953.20 2019-01-16 13:26:44
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