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Forex Trend Analysis Report

Prepared for you on Wednesday, January 29, 2020.

British Pound/Russian Ruble (FOREX:GBPRUB)

Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. 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_GBPRUB
Open High Low GBPRUB Price Change
81.08203 81.70268 81.04284 81.58215 +0.50012
Entry Signal

MarketClub’s Trade Triangles for GBPRUB

long term up The long term trend has been UP since Oct 16th, 2019 at 82.02750

intermediate term up The intermediate term trend has been UP since Jan 27th, 2020 at 81.77556

short term up The short term trend has been UP since Jan 21st, 2020 at 80.73747

Smart Scan Analysis for GBPRUB

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

+100
Smart Scan Analysis for GBPRUB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
81.08203 81.70268 81.04284 81.58215 +0.50012
Prev. Close Volume Bid Ask Time
81.08203 81.56458 81.59972 2020-01-29 07:13:56
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