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Forex Trend Analysis Report

Prepared for you on Saturday, March 25, 2017.

British Pound/Nigerian Naira (FOREX:GBPNGN)

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_GBPNGN
Open High Low GBPNGN Price Change
396.065 396.080 396.065 396.080 +0.015
Entry Signal

MarketClub’s Trade Triangles for GBPNGN

long term down The long term trend has been DOWN since Feb 14th, 2017 at 220.655

intermediate term up The intermediate term trend has been UP since Mar 21st, 2017 at 395.555

short term down The short term trend has been DOWN since Mar 23rd, 2017 at 382.870

Smart Scan Analysis for GBPNGN

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

+55
Smart Scan Analysis for GBPNGN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
396.065 396.080 396.065 396.080 +0.015
Prev. Close Volume Bid Ask Time
396.065 396.050 396.110 2017-03-25 23:27:58
Want to analyze British Pound/Nigerian Naira GBPNGN or another symbol? Try our Free Forex Trend Analysis Report.