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Forex Trend Analysis Report

Prepared for you on Tuesday, August 21, 2018.

British Pound/Nepalese Rupee (FOREX:GBPNPR)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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_GBPNPR
Open High Low GBPNPR Price Change
142.005 142.005 142.005 142.005 0.000
Entry Signal

MarketClub’s Trade Triangles for GBPNPR

long term down The long term trend has been DOWN since May 30th, 2018 at 143.115

intermediate term down The intermediate term trend has been DOWN since Jul 22nd, 2018 at 144.215

short term down The short term trend has been DOWN since Aug 20th, 2018 at 142.305

Smart Scan Analysis for GBPNPR

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

-100
Smart Scan Analysis for GBPNPR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
142.005 142.005 142.005 142.005 0.000
Prev. Close Volume Bid Ask Time
142.005 140.110 143.900 2018-08-20 21:20:48
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