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Forex Trend Analysis Report

Prepared for you on Thursday, October 19, 2017.

/British Pound (FOREX:RSDGBP)

Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend 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
0.007510 0.007555 0.007495 0.007535 +0.000025
Entry Signal

MarketClub’s Trade Triangles for RSDGBP

long term up The long term trend has been UP since May 26th, 2017 at 0.007095

intermediate term up The intermediate term trend has been UP since Oct 12th, 2017 at 0.007550

short term up The short term trend has been UP since Oct 18th, 2017 at 0.007495

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
0.007510 0.007555 0.007495 0.007535 +0.000025
Prev. Close Volume Bid Ask Time
0.007510 0.007530 0.007540 2017-10-19 10:17:44
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