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Forex Trend Analysis Report

Prepared for you on Thursday, November 23, 2017.

British Pound/ (FOREX:GBPZMW)

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_GBPZMW
Open High Low GBPZMW Price Change
13.360 13.360 13.360 13.360 0.000
Entry Signal

MarketClub’s Trade Triangles for GBPZMW

long term up The long term trend has been UP since Sep 5th, 2017 at 11.878

intermediate term up The intermediate term trend has been UP since Nov 20th, 2017 at 13.337

short term up The short term trend has been UP since Sep 5th, 2017 at 11.878

Smart Scan Analysis for GBPZMW

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

+80
Smart Scan Analysis for GBPZMW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
13.360 13.360 13.360 13.360 0.000
Prev. Close Volume Bid Ask Time
13.406 13.304 13.416 2017-11-20 19:34:32
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