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Forex Trend Analysis Report

Prepared for you on Wednesday, October 17, 2018.

/British Pound (FOREX:GYDGBP)

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_GYDGBP
Open High Low GYDGBP Price Change
0.003695 0.003695 0.003695 0.003695 0.000000
Entry Signal

MarketClub’s Trade Triangles for GYDGBP

long term up The long term trend has been UP since May 13th, 2018 at 0.003505

intermediate term up The intermediate term trend has been UP since Sep 30th, 2018 at 0.003690

short term up The short term trend has been UP since Oct 8th, 2018 at 0.003689

Smart Scan Analysis for GYDGBP

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

+80
Smart Scan Analysis for GYDGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.003695 0.003695 0.003695 0.003695 0.000000
Prev. Close Volume Bid Ask Time
0.003695 0.003539 0.003851 2018-10-09 21:28:03
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