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Forex Trend Analysis Report

Prepared for you on Monday, February 17, 2020.

British Pound/Singapore Dollar (FOREX:GBPSGD)

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_GBPSGD
Open High Low GBPSGD Price Change
1.812865 1.813545 1.812100 1.812440 -0.000425
Entry Signal

MarketClub’s Trade Triangles for GBPSGD

long term up The long term trend has been UP since Oct 11th, 2019 at 1.730675

intermediate term up The intermediate term trend has been UP since Jan 30th, 2020 at 1.780835

short term up The short term trend has been UP since Feb 13th, 2020 at 1.798635

Smart Scan Analysis for GBPSGD

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

+90
Smart Scan Analysis for GBPSGD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.812865 1.813545 1.812100 1.812440 -0.000425
Prev. Close Volume Bid Ask Time
1.812865 1.812230 1.812650 2020-02-17 01:40:34
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