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Forex Trend Analysis Report

Prepared for you on Wednesday, February 20, 2019.

Gold Spot (FOREX:XAUUSDO)

Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend 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_XAUUSDO
Open High Low XAUUSDO Price Change
1343.57 1343.57 1343.57 1343.57 0.00
Entry Signal

MarketClub’s Trade Triangles for XAUUSDO

long term up The long term trend has been UP since Dec 6th, 2018 at 1242.555

intermediate term up The intermediate term trend has been UP since Jan 25th, 2019 at 1298.400

short term up The short term trend has been UP since Feb 15th, 2019 at 1317.530

Smart Scan Analysis for XAUUSDO

Based on a pre-defined weighted trend formula for chart analysis, XAUUSDO scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+90
Smart Scan Analysis for XAUUSDO
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1343.57 1343.57 1343.57 1343.57 0.00
Prev. Close Volume Bid Ask Time
1343.57 1343.34 1343.80 2019-02-20 00:06:21
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