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Forex Trend Analysis Report

Prepared for you on Wednesday, January 22, 2020.

British Pound/Ugandan Shilling (FOREX:GBPUGX)

Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight 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_GBPUGX
Open High Low GBPUGX Price Change
4803.8294 4809.5989 4803.8294 4809.5989 +5.7695
Entry Signal

MarketClub’s Trade Triangles for GBPUGX

long term up The long term trend has been UP since Oct 17th, 2019 at 4671.0000

intermediate term down The intermediate term trend has been DOWN since Dec 23rd, 2019 at 4767.2389

short term down The short term trend has been DOWN since Jan 12th, 2020 at 4814.6885

Smart Scan Analysis for GBPUGX

Based on a pre-defined weighted trend formula for chart analysis, GBPUGX scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+60
Smart Scan Analysis for GBPUGX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4803.8294 4809.5989 4803.8294 4809.5989 +5.7695
Prev. Close Volume Bid Ask Time
4803.8294 4756.6116 4862.5863 2020-01-21 21:00:29
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