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Forex Trend Analysis Report

Prepared for you on Tuesday, January 28, 2020.

Bahamian Dollar/British Pound (FOREX:BSDGBP)

Smart Scan Chart Analysis indicates that the upward trend for this market is at a crossroads and has possibly ended. Look for choppy trading conditions in the near term Trading Range 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_BSDGBP
Open High Low BSDGBP Price Change
0.7651329 0.7651329 0.7651329 0.7651329 0.0000000
Entry Signal

MarketClub’s Trade Triangles for BSDGBP

long term down The long term trend has been DOWN since Oct 17th, 2019 at 0.7881550

intermediate term up The intermediate term trend has been UP since Jan 20th, 2020 at 0.7662843

short term up The short term trend has been UP since Jan 27th, 2020 at 0.7647971

Smart Scan Analysis for BSDGBP

Based on a pre-defined weighted trend formula for chart analysis, BSDGBP scored +50 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+50
Smart Scan Analysis for BSDGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.7651329 0.7651329 0.7651329 0.7651329 0.0000000
Prev. Close Volume Bid Ask Time
0.7651329 0.7602749 0.7699909 2020-01-27 21:07:30
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