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Forex Trend Analysis Report

Prepared for you on Thursday, September 20, 2018.

Guatemalan Quetzal/British Pound (FOREX:GTQGBP)

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_GTQGBP
Open High Low GTQGBP Price Change
0.099188 0.099218 0.098824 0.098831 -0.000357
Entry Signal

MarketClub’s Trade Triangles for GTQGBP

long term up The long term trend has been UP since May 2nd, 2018 at 0.099205

intermediate term down The intermediate term trend has been DOWN since Aug 29th, 2018 at 0.102360

short term down The short term trend has been DOWN since Sep 5th, 2018 at 0.101675

Smart Scan Analysis for GTQGBP

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

-70
Smart Scan Analysis for GTQGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.099188 0.099218 0.098824 0.098831 -0.000357
Prev. Close Volume Bid Ask Time
0.099188 0.098828 0.098834 2018-09-20 06:12:05
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