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Forex Trend Analysis Report

Prepared for you on Tuesday, January 28, 2020.

British Pound/Nepalese Rupee (FOREX:GBPNPR)

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_GBPNPR
Open High Low GBPNPR Price Change
149.35273 149.35273 149.35273 149.35273 0.00000
Entry Signal

MarketClub’s Trade Triangles for GBPNPR

long term up The long term trend has been UP since Sep 5th, 2019 at 141.20000

intermediate term down The intermediate term trend has been DOWN since Dec 23rd, 2019 at 147.90078

short term up The short term trend has been UP since Jan 23rd, 2020 at 148.63984

Smart Scan Analysis for GBPNPR

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

+65
Smart Scan Analysis for GBPNPR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
149.35273 149.35273 149.35273 149.35273 0.00000
Prev. Close Volume Bid Ask Time
148.43070 147.33741 151.36804 2020-01-27 21:07:32
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