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Forex Trend Analysis Report

Prepared for you on Monday, September 24, 2018.

/British Pound (FOREX:RSDGBP)

Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend Very 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_RSDGBP
Open High Low RSDGBP Price Change
0.007588 0.007596 0.007572 0.007576 -0.000012
Entry Signal

MarketClub’s Trade Triangles for RSDGBP

long term up The long term trend has been UP since Jul 17th, 2018 at 0.007535

intermediate term down The intermediate term trend has been DOWN since Sep 7th, 2018 at 0.007543

short term up The short term trend has been UP since Sep 21st, 2018 at 0.007530

Smart Scan Analysis for RSDGBP

Based on a pre-defined weighted trend formula for chart analysis, RSDGBP scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+65
Smart Scan Analysis for RSDGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.007588 0.007596 0.007572 0.007576 -0.000012
Prev. Close Volume Bid Ask Time
0.007588 0.007568 0.007584 2018-09-24 09:11:17
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