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Forex Trend Analysis Report

Prepared for you on Monday, October 23, 2017.

New Zealand Dollar/British Pound (FOREX:NZDGBP)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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_NZDGBP
Open High Low NZDGBP Price Change
0.527520 0.529600 0.526700 0.526985 -0.000535
Entry Signal

MarketClub’s Trade Triangles for NZDGBP

long term down The long term trend has been DOWN since Apr 3rd, 2017 at 0.557500

intermediate term down The intermediate term trend has been DOWN since Oct 19th, 2017 at 0.534065

short term down The short term trend has been DOWN since Oct 19th, 2017 at 0.539375

Smart Scan Analysis for NZDGBP

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

-100
Smart Scan Analysis for NZDGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.527520 0.529600 0.526700 0.526985 -0.000535
Prev. Close Volume Bid Ask Time
0.527520 0.526890 0.527080 2017-10-23 14:57:12
Want to analyze New Zealand Dollar/British Pound NZDGBP or another symbol? Try our Free Forex Trend Analysis Report.