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Forex Trend Analysis Report

Prepared for you on Saturday, December 15, 2018.

British Pound/Nepalese Rupee (FOREX:GBPNPR)

Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend 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 GBPNPR Price Change
145.22 145.22 145.22 145.22 0.00
Entry Signal

MarketClub’s Trade Triangles for GBPNPR

long term down The long term trend has been DOWN since Dec 2nd, 2018 at 144.940

intermediate term down The intermediate term trend has been DOWN since Oct 28th, 2018 at 152.830

short term up The short term trend has been UP since Dec 6th, 2018 at 144.165

Smart Scan Analysis for GBPNPR

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

Smart Scan Analysis for GBPNPR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
145.22 145.22 145.22 145.22 0.00
Prev. Close Volume Bid Ask Time
145.22 143.33 147.11 2018-12-13 20:57:25
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