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Forex Trend Analysis Report

Prepared for you on Sunday, June 24, 2018.

/British Pound (FOREX:RSDGBP)

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_RSDGBP
Open High Low RSDGBP Price Change
0.007420 0.007455 0.007410 0.007445 +0.000025
Entry Signal

MarketClub’s Trade Triangles for RSDGBP

long term down The long term trend has been DOWN since Dec 7th, 2017 at 0.007325

intermediate term up The intermediate term trend has been UP since Jun 7th, 2018 at 0.007475

short term down The short term trend has been DOWN since Jun 21st, 2018 at 0.007395

Smart Scan Analysis for RSDGBP

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

-55
Smart Scan Analysis for RSDGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.007420 0.007455 0.007410 0.007445 +0.000025
Prev. Close Volume Bid Ask Time
0.007420 0.007440 0.007450 2018-06-22 18:02:09
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