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Forex Trend Analysis Report

Prepared for you on Friday, January 17, 2020.

/US Dollar (FOREX:SHPUSD)

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_SHPUSD
Open High Low SHPUSD Price Change
1.29845 1.29845 1.29845 1.29845 0.00000
Entry Signal

MarketClub’s Trade Triangles for SHPUSD

long term up The long term trend has been UP since Oct 21st, 2019 at 1.26975

intermediate term up The intermediate term trend has been UP since Dec 3rd, 2019 at 1.29590

short term down The short term trend has been DOWN since Jan 9th, 2020 at 1.30750

Smart Scan Analysis for SHPUSD

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

+55
Smart Scan Analysis for SHPUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.29845 1.29845 1.29845 1.29845 0.00000
Prev. Close Volume Bid Ask Time
1.29845 1.29820 1.29870 2020-01-14 09:41:38
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