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Forex Trend Analysis Report

Prepared for you on Saturday, January 25, 2020.

Indian Rupee/British Pound (FOREX:INRGBP)

Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-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_INRGBP
Open High Low INRGBP Price Change
0.01069452 0.01073776 0.01064930 0.01072499 +0.00003000
Entry Signal

MarketClub’s Trade Triangles for INRGBP

long term down The long term trend has been DOWN since Sep 5th, 2019 at 0.01125600

intermediate term up The intermediate term trend has been UP since Dec 23rd, 2019 at 0.01084144

short term down The short term trend has been DOWN since Jan 21st, 2020 at 0.01073047

Smart Scan Analysis for INRGBP

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

+55
Smart Scan Analysis for INRGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.01069452 0.01073776 0.01064930 0.01072499 +0.00003000
Prev. Close Volume Bid Ask Time
0.01069452 0.01072491 0.01072506 2020-01-24 17:03:18
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