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Forex Trend Analysis Report

Prepared for you on Friday, October 20, 2017.

British Pound/New Zealand Dollar (FOREX:GBPNZD)

Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend 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_GBPNZD
Open High Low GBPNZD Price Change
1.877440 1.888500 1.873405 1.883810 +0.006370
Entry Signal

MarketClub’s Trade Triangles for GBPNZD

long term up The long term trend has been UP since Apr 3rd, 2017 at 1.7938

intermediate term up The intermediate term trend has been UP since Oct 19th, 2017 at 1.8725

short term up The short term trend has been UP since Oct 19th, 2017 at 1.8539

Smart Scan Analysis for GBPNZD

Based on a pre-defined weighted trend formula for chart analysis, GBPNZD scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+90
Smart Scan Analysis for GBPNZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.877440 1.888500 1.873405 1.883810 +0.006370
Prev. Close Volume Bid Ask Time
1.877440 1.883570 1.884050 2017-10-20 10:28:36
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