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Forex Trend Analysis Report

Prepared for you on Sunday, December 10, 2017.

/British Pound (FOREX:RSDGBP)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. 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_RSDGBP
Open High Low RSDGBP Price Change
0.007300 0.007355 0.007255 0.007345 +0.000045
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 down The intermediate term trend has been DOWN since Dec 7th, 2017 at 0.007330

short term down The short term trend has been DOWN since Dec 7th, 2017 at 0.007330

Smart Scan Analysis for RSDGBP

Based on a pre-defined weighted trend formula for chart analysis, RSDGBP scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for RSDGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.007300 0.007355 0.007255 0.007345 +0.000045
Prev. Close Volume Bid Ask Time
0.007350 0.007340 0.007350 2017-12-08 16:58:21
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