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Forex Trend Analysis Report

Prepared for you on Friday, November 16, 2018.

British Pound/Uruguayan Peso (FOREX:GBPUYU)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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_GBPUYU
Open High Low GBPUYU Price Change
41.6615 41.6615 41.6615 41.6615 0.0000
Entry Signal

MarketClub’s Trade Triangles for GBPUYU

long term up The long term trend has been UP since Sep 9th, 2018 at 42.0655

intermediate term down The intermediate term trend has been DOWN since Oct 21st, 2018 at 42.6985

short term down The short term trend has been DOWN since Nov 11th, 2018 at 42.6465

Smart Scan Analysis for GBPUYU

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

-70
Smart Scan Analysis for GBPUYU
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
41.6615 41.6615 41.6615 41.6615 0.0000
Prev. Close Volume Bid Ask Time
41.6615 40.9850 42.3380 2018-11-15 20:42:56
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