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Forex Trend Analysis Report

Prepared for you on Saturday, December 16, 2017.

British Pound/US Dollar (FOREX:GBPUSD)

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_GBPUSD
Open High Low GBPUSD Price Change
1.33235 1.33235 1.33235 1.33235 0.00000
Entry Signal

MarketClub’s Trade Triangles for GBPUSD

long term up The long term trend has been UP since Apr 18th, 2017 at 1.270425

intermediate term up The intermediate term trend has been UP since Nov 22nd, 2017 at 1.331620

short term up The short term trend has been UP since Dec 13th, 2017 at 1.342685

Smart Scan Analysis for GBPUSD

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

+70
Smart Scan Analysis for GBPUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.33235 1.33235 1.33235 1.33235 0.00000
Prev. Close Volume Bid Ask Time
1.33235 1.33220 1.33250 2017-12-16 09:36:20
Want to analyze British Pound/US Dollar GBPUSD or another symbol? Try our Free Forex Trend Analysis Report.