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Forex Trend Analysis Report

Prepared for you on Tuesday, January 21, 2020.

Venezuelan Sovereign Bolivar/British Pound (FOREX:VESGBP)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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_VESGBP
Open High Low VESGBP Price Change
0.00001146 0.00001146 0.00001136 0.00001136 0.00000000
Entry Signal

MarketClub’s Trade Triangles for VESGBP

long term down The long term trend has been DOWN since Aug 26th, 2019 at 0.00006300

intermediate term down The intermediate term trend has been DOWN since Oct 28th, 2019 at 0.00004118

short term down The short term trend has been DOWN since Jan 2nd, 2020 at 0.00001679

Smart Scan Analysis for VESGBP

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

-100
Smart Scan Analysis for VESGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00001146 0.00001146 0.00001136 0.00001136 0.00000000
Prev. Close Volume Bid Ask Time
0.00001082 0.00001135 0.00001138 2020-01-14 09:55:58
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