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Forex Trend Analysis Report

Prepared for you on Tuesday, January 21, 2020.

Iraqi Dinar/British Pound (FOREX:IQDGBP)

Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend 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_IQDGBP
Open High Low IQDGBP Price Change
0.00064093 0.00064093 0.00064093 0.00064093 0.00000000
Entry Signal

MarketClub’s Trade Triangles for IQDGBP

long term down The long term trend has been DOWN since Oct 17th, 2019 at 0.00066100

intermediate term down The intermediate term trend has been DOWN since Oct 13th, 2019 at 0.00067100

short term up The short term trend has been UP since Jan 9th, 2020 at 0.00063849

Smart Scan Analysis for IQDGBP

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

-75
Smart Scan Analysis for IQDGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00064093 0.00064093 0.00064093 0.00064093 0.00000000
Prev. Close Volume Bid Ask Time
0.00064504 0.00062641 0.00065545 2020-01-12 13:08:55
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