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Forex Trend Analysis Report

Prepared for you on Sunday, January 19, 2020.

British Pound/US Dollar (FOREX:GBPUSD)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.

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_GBPUSD
Open High Low GBPUSD Price Change
1.30175 1.30175 1.30175 1.30175 0.00000
Entry Signal

MarketClub’s Trade Triangles for GBPUSD

long term up The long term trend has been UP since Oct 15th, 2019 at 1.270100

intermediate term down The intermediate term trend has been DOWN since Dec 25th, 2019 at 1.289685

short term up The short term trend has been UP since Jan 16th, 2020 at 1.306600

Smart Scan Analysis for GBPUSD

Based on a pre-defined weighted trend formula for chart analysis, GBPUSD scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-55
Smart Scan Analysis for GBPUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.30175 1.30175 1.30175 1.30175 0.00000
Prev. Close Volume Bid Ask Time
1.30175 1.30160 1.30190 2020-01-19 03:07:53
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