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Forex Trend Analysis Report

Prepared for you on Tuesday, January 21, 2020.

British Pound/CFP Franc (FOREX:GBPXPF)

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_GBPXPF
Open High Low GBPXPF Price Change
139.93898 140.45719 139.74529 140.28490 +0.34592
Entry Signal

MarketClub’s Trade Triangles for GBPXPF

long term up The long term trend has been UP since Sep 19th, 2019 at 136.10000

intermediate term down The intermediate term trend has been DOWN since Dec 23rd, 2019 at 139.25212

short term down The short term trend has been DOWN since Jan 20th, 2020 at 139.40254

Smart Scan Analysis for GBPXPF

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

+60
Smart Scan Analysis for GBPXPF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
139.93898 140.45719 139.74529 140.28490 +0.34592
Prev. Close Volume Bid Ask Time
139.93898 140.28490 140.28490 2020-01-21 09:19:48
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