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Forex Trend Analysis Report

Prepared for you on Monday, October 15, 2018.

British Pound/Polish New Zloty (FOREX:GBPPLN)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.

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_GBPPLN
Open High Low GBPPLN Price Change
4.876920 4.879400 4.857875 4.873900 -0.003020
Entry Signal

MarketClub’s Trade Triangles for GBPPLN

long term down The long term trend has been DOWN since Aug 3rd, 2018 at 4.784195

intermediate term up The intermediate term trend has been UP since Sep 10th, 2018 at 4.834200

short term down The short term trend has been DOWN since Oct 12th, 2018 at 4.908100

Smart Scan Analysis for GBPPLN

Based on a pre-defined weighted trend formula for chart analysis, GBPPLN scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-55
Smart Scan Analysis for GBPPLN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.876920 4.879400 4.857875 4.873900 -0.003020
Prev. Close Volume Bid Ask Time
4.876920 4.871040 4.876760 2018-10-15 21:10:36
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