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Forex Trend Analysis Report

Prepared for you on Friday, November 16, 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
67.3195 67.8625 67.3195 67.4815 +0.1620
Entry Signal

MarketClub’s Trade Triangles for GBPPHP

long term down The long term trend has been DOWN since Nov 15th, 2018 at 67.7020

intermediate term down The intermediate term trend has been DOWN since Oct 19th, 2018 at 70.1650

short term down The short term trend has been DOWN since Nov 15th, 2018 at 68.3255

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
67.3195 67.8625 67.3195 67.4815 +0.1620
Prev. Close Volume Bid Ask Time
67.3195 67.3130 67.6500 2018-11-16 17:48:32
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