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Forex Trend Analysis Report

Prepared for you on Saturday, November 18, 2017.

British Pound/Nicaraguan Cordoba (FOREX:GBPNIO)

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.

Open High Low GBPNIO Price Change
40.6705 40.6750 40.6705 40.6750 +0.0045
Entry Signal

MarketClub’s Trade Triangles for GBPNIO

long term up The long term trend has been UP since Apr 18th, 2017 at 37.5065

intermediate term down The intermediate term trend has been DOWN since Nov 9th, 2017 at 39.7615

short term up The short term trend has been UP since Nov 10th, 2017 at 40.4635

Smart Scan Analysis for GBPNIO

Based on a pre-defined weighted trend formula for chart analysis, GBPNIO scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for GBPNIO
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
40.6705 40.6750 40.6705 40.6750 +0.0045
Prev. Close Volume Bid Ask Time
40.6705 40.6720 40.6780 2017-11-18 23:51:32
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