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Forex Trend Analysis Report

Prepared for you on Sunday, August 19, 2018.

British Pound/Philippine Peso (FOREX:GBPPHP)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. 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_GBPPHP
Open High Low GBPPHP Price Change
67.9595 68.0460 67.8385 68.0045 +0.0450
Entry Signal

MarketClub’s Trade Triangles for GBPPHP

long term down The long term trend has been DOWN since May 1st, 2018 at 70.9605

intermediate term down The intermediate term trend has been DOWN since Jul 18th, 2018 at 69.8715

short term down The short term trend has been DOWN since Jul 27th, 2018 at 69.8660

Smart Scan Analysis for GBPPHP

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

-90
Smart Scan Analysis for GBPPHP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
67.9595 68.0460 67.8385 68.0045 +0.0450
Prev. Close Volume Bid Ask Time
67.9595 67.8370 68.1720 2018-08-17 18:27:02
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