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Forex Trend Analysis Report

Prepared for you on Sunday, January 19, 2020.

British Pound/ (FOREX:GBPAWG)

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_GBPAWG
Open High Low GBPAWG Price Change
2.3390141 2.3390141 2.3390141 2.3390141 0.0000000
Entry Signal

MarketClub’s Trade Triangles for GBPAWG

long term up The long term trend has been UP since Oct 17th, 2019 at 2.2587500

intermediate term up The intermediate term trend has been UP since Nov 18th, 2019 at 2.3210041

short term down The short term trend has been DOWN since Jan 9th, 2020 at 2.3554506

Smart Scan Analysis for GBPAWG

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

+65
Smart Scan Analysis for GBPAWG
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.3390141 2.3390141 2.3390141 2.3390141 0.0000000
Prev. Close Volume Bid Ask Time
2.3390141 2.3292682 2.3487600 2020-01-14 09:40:48
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