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Forex Trend Analysis Report

Prepared for you on Friday, January 17, 2020.

British Pound/Guinea Franc (FOREX:GBPGNF)

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_GBPGNF
Open High Low GBPGNF Price Change
12454.524 12454.524 12454.524 12454.524 0.000
Entry Signal

MarketClub’s Trade Triangles for GBPGNF

long term up The long term trend has been UP since Oct 17th, 2019 at 11626.100

intermediate term up The intermediate term trend has been UP since Nov 13th, 2019 at 11933.979

short term down The short term trend has been DOWN since Jan 8th, 2020 at 12551.570

Smart Scan Analysis for GBPGNF

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

+55
Smart Scan Analysis for GBPGNF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
12454.524 12454.524 12454.524 12454.524 0.000
Prev. Close Volume Bid Ask Time
12363.817 12348.629 12560.419 2020-01-09 20:04:19
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