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Forex Trend Analysis Report

Prepared for you on Friday, October 19, 2018.

Qatari Rial/British Pound (FOREX:QARGBP)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.

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_QARGBP
Open High Low QARGBP Price Change
0.210865 0.210865 0.210865 0.210865 0.000000
Entry Signal

MarketClub’s Trade Triangles for QARGBP

long term up The long term trend has been UP since May 4th, 2018 at 0.199695

intermediate term down The intermediate term trend has been DOWN since Oct 11th, 2018 at 0.207495

short term up The short term trend has been UP since Oct 19th, 2018 at 0.209175

Smart Scan Analysis for QARGBP

Based on a pre-defined weighted trend formula for chart analysis, QARGBP scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-55
Smart Scan Analysis for QARGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.210865 0.210865 0.210865 0.210865 0.000000
Prev. Close Volume Bid Ask Time
0.210865 0.210820 0.210910 2018-10-19 05:46:08
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