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Forex Trend Analysis Report

Prepared for you on Friday, January 17, 2020.

Argentine Peso/British Pound (FOREX:ARSGBP)

Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-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_ARSGBP
Open High Low ARSGBP Price Change
0.01277333 0.01281214 0.01272945 0.01280086 +0.00002800
Entry Signal

MarketClub’s Trade Triangles for ARSGBP

long term down The long term trend has been DOWN since Aug 12th, 2019 at 0.01681400

intermediate term up The intermediate term trend has been UP since Dec 25th, 2019 at 0.01299205

short term down The short term trend has been DOWN since Jan 16th, 2020 at 0.01278558

Smart Scan Analysis for ARSGBP

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

+55
Smart Scan Analysis for ARSGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.01277333 0.01281214 0.01272945 0.01280086 +0.00002800
Prev. Close Volume Bid Ask Time
0.01277333 0.01279999 0.01280173 2020-01-17 14:19:33
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