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Forex Trend Analysis Report

Prepared for you on Saturday, January 25, 2020.

British Pound/Khazanah Sukuk (FOREX:GBPLFX)

Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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_GBPLFX
Open High Low GBPLFX Price Change
2.66005 2.66535 2.65155 2.65445 -0.00560
Entry Signal

MarketClub’s Trade Triangles for GBPLFX

long term up The long term trend has been UP since Oct 13th, 2019 at 2.57365

intermediate term up The intermediate term trend has been UP since Jan 22nd, 2020 at 2.66225

short term up The short term trend has been UP since Jan 22nd, 2020 at 2.64735

Smart Scan Analysis for GBPLFX

Based on a pre-defined weighted trend formula for chart analysis, GBPLFX scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+90
Smart Scan Analysis for GBPLFX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.66005 2.66535 2.65155 2.65445 -0.00560
Prev. Close Volume Bid Ask Time
2.66005 2.65370 2.65520 2020-01-24 16:01:26
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