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Forex Trend Analysis Report

Prepared for you on Wednesday, February 21, 2018.

British Pound/Philippine Peso (FOREX:GBPPHP)

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend 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.

FOREX_GBPPHP
Open High Low GBPPHP Price Change
72.9855 72.9860 72.9175 72.9175 -0.0680
Entry Signal

MarketClub’s Trade Triangles for GBPPHP

long term up The long term trend has been UP since Dec 5th, 2016 at 63.4300

intermediate term up The intermediate term trend has been UP since Jan 8th, 2018 at 67.8375

short term down The short term trend has been DOWN since Feb 20th, 2018 at 72.8795

Smart Scan Analysis for GBPPHP

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

+75
Smart Scan Analysis for GBPPHP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
72.9855 72.9860 72.9175 72.9175 -0.0680
Prev. Close Volume Bid Ask Time
72.9855 72.7470 73.0880 2018-02-21 01:55:32
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