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Forex Trend Analysis Report

Prepared for you on Wednesday, January 17, 2018.

British Pound/Tanzanian Shilling (FOREX:GBPTZS)

Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend 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_GBPTZS
Open High Low GBPTZS Price Change
3084.8000 3093.6105 3084.8000 3093.6105 +8.8105
Entry Signal

MarketClub’s Trade Triangles for GBPTZS

long term up The long term trend has been UP since Jan 23rd, 2017 at 2813.60

intermediate term up The intermediate term trend has been UP since Dec 29th, 2017 at 3035.05

short term up The short term trend has been UP since Jan 12th, 2018 at 3044.05

Smart Scan Analysis for GBPTZS

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

+100
Smart Scan Analysis for GBPTZS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3084.8000 3093.6105 3084.8000 3093.6105 +8.8105
Prev. Close Volume Bid Ask Time
3084.8 3086.4960 3100.7250 2018-01-17 05:54:43
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