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Forex Trend Analysis Report

Prepared for you on Friday, October 19, 2018.

British Pound/Ugandan Shilling (FOREX:GBPUGX)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. 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_GBPUGX
Open High Low GBPUGX Price Change
4922.55 4922.55 4922.55 4922.55 0.00
Entry Signal

MarketClub’s Trade Triangles for GBPUGX

long term down The long term trend has been DOWN since May 20th, 2018 at 5021.20

intermediate term down The intermediate term trend has been DOWN since Oct 4th, 2018 at 4910.85

short term down The short term trend has been DOWN since Oct 18th, 2018 at 4930.55

Smart Scan Analysis for GBPUGX

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

-100
Smart Scan Analysis for GBPUGX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4922.55 4922.55 4922.55 4922.55 0.00
Prev. Close Volume Bid Ask Time
4922.55 4871.40 4973.70 2018-10-18 21:29:51
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