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Forex Trend Analysis Report

Prepared for you on Sunday, February 16, 2020.

British Pound/ (FOREX:GBPSLL)

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with 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_GBPSLL
Open High Low GBPSLL Price Change
12723.688 12723.688 12723.688 12723.688 0.000
Entry Signal

MarketClub’s Trade Triangles for GBPSLL

long term up The long term trend has been UP since Aug 23rd, 2019 at 11736.650

intermediate term down The intermediate term trend has been DOWN since Jan 20th, 2020 at 12637.285

short term up The short term trend has been UP since Feb 13th, 2020 at 12652.066

Smart Scan Analysis for GBPSLL

Based on a pre-defined weighted trend formula for chart analysis, GBPSLL scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+75
Smart Scan Analysis for GBPSLL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
12723.688 12723.688 12723.688 12723.688 0.000
Prev. Close Volume Bid Ask Time
12723.688 12567.168 12880.208 2020-02-13 21:03:25
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