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Forex Trend Analysis Report

Prepared for you on Wednesday, June 28, 2017.

Nicaraguan Cordoba/British Pound (FOREX:NIOGBP)

Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with 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_NIOGBP
Open High Low NIOGBP Price Change
0.026220 0.026260 0.026005 0.026005 -0.000215
Entry Signal

MarketClub’s Trade Triangles for NIOGBP

long term down The long term trend has been DOWN since Apr 18th, 2017 at 0.026665

intermediate term up The intermediate term trend has been UP since Jun 9th, 2017 at 0.026320

short term down The short term trend has been DOWN since Jun 27th, 2017 at 0.026200

Smart Scan Analysis for NIOGBP

Based on a pre-defined weighted trend formula for chart analysis, NIOGBP scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-75
Smart Scan Analysis for NIOGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.026220 0.026260 0.026005 0.026005 -0.000215
Prev. Close Volume Bid Ask Time
0.026220 0.026000 0.026010 2017-06-28 09:56:08
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