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Forex Trend Analysis Report

Prepared for you on Monday, July 16, 2018.

British Pound/ (FOREX:GBPVEF)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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_GBPVEF
Open High Low GBPVEF Price Change
150758 150758 150758 150758 0
Entry Signal

MarketClub’s Trade Triangles for GBPVEF

long term up The long term trend has been UP since Apr 11th, 2017 at 12.357

intermediate term up The intermediate term trend has been UP since Jun 29th, 2018 at 107142.000

short term up The short term trend has been UP since Jun 29th, 2018 at 107142.000

Smart Scan Analysis for GBPVEF

Based on a pre-defined weighted trend formula for chart analysis, GBPVEF scored +80 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+80
Smart Scan Analysis for GBPVEF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
150758 150758 150758 150758 0
Prev. Close Volume Bid Ask Time
150758 150532 150984 2018-07-02 16:05:34
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