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Forex Trend Analysis Report

Prepared for you on Wednesday, January 22, 2020.

British Pound/Costa Rican Colon (FOREX:GBPCRC)

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_GBPCRC
Open High Low GBPCRC Price Change
736.0030 740.0272 735.6616 740.0272 +4.0242
Entry Signal

MarketClub’s Trade Triangles for GBPCRC

long term up The long term trend has been UP since Oct 16th, 2019 at 741.1550

intermediate term down The intermediate term trend has been DOWN since Jan 19th, 2020 at 732.5535

short term up The short term trend has been UP since Jan 22nd, 2020 at 736.2851

Smart Scan Analysis for GBPCRC

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

+55
Smart Scan Analysis for GBPCRC
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
736.0030 740.0272 735.6616 740.0272 +4.0242
Prev. Close Volume Bid Ask Time
736.0030 740.0159 740.0384 2020-01-22 09:22:01
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