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Forex Trend Analysis Report

Prepared for you on Friday, January 17, 2020.

/British Pound (FOREX:BTNGBP)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend 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_BTNGBP
Open High Low BTNGBP Price Change
0.01078956 0.01078956 0.01078956 0.01078956 0.00000000
Entry Signal

MarketClub’s Trade Triangles for BTNGBP

long term down The long term trend has been DOWN since Sep 5th, 2019 at 0.01130700

intermediate term down The intermediate term trend has been DOWN since Dec 31st, 2019 at 0.01067280

short term up The short term trend has been UP since Jan 9th, 2020 at 0.01067905

Smart Scan Analysis for BTNGBP

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

-65
Smart Scan Analysis for BTNGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.01078956 0.01078956 0.01078956 0.01078956 0.00000000
Prev. Close Volume Bid Ask Time
0.01078956 0.01065297 0.01092614 2020-01-16 21:12:49
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