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Forex Trend Analysis Report

Prepared for you on Friday, January 19, 2018.

British Pound/Qatari Rial (FOREX:GBPQAR)

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_GBPQAR
Open High Low GBPQAR Price Change
5.0263 5.0263 5.0263 5.0263 0.0000
Entry Signal

MarketClub’s Trade Triangles for GBPQAR

long term up The long term trend has been UP since Apr 18th, 2017 at 4.6135

intermediate term up The intermediate term trend has been UP since Jan 12th, 2018 at 4.8684

short term up The short term trend has been UP since Sep 15th, 2017 at 4.6876

Smart Scan Analysis for GBPQAR

Based on a pre-defined weighted trend formula for chart analysis, GBPQAR scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+70
Smart Scan Analysis for GBPQAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
5.0263 5.0263 5.0263 5.0263 0.0000
Prev. Close Volume Bid Ask Time
5.0197 5.0249 5.0277 2018-01-15 13:36:44
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