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Forex Trend Analysis Report

Prepared for you on Sunday, January 19, 2020.

Zimbabwean Dollar/British Pound (FOREX:ZWDGBP)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with 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_ZWDGBP
Open High Low ZWDGBP Price Change
1.7117352 1.7117352 1.7117352 1.7117352 0.0000000
Entry Signal

MarketClub’s Trade Triangles for ZWDGBP

long term down The long term trend has been DOWN since Oct 13th, 2019 at 1.711750

intermediate term down The intermediate term trend has been DOWN since Oct 13th, 2019 at 1.711750

short term up The short term trend has been UP since Oct 16th, 2019 at 1.711735

Smart Scan Analysis for ZWDGBP

Based on a pre-defined weighted trend formula for chart analysis, ZWDGBP scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-85
Smart Scan Analysis for ZWDGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.7117352 1.7117352 1.7117352 1.7117352 0.0000000
Prev. Close Volume Bid Ask Time
1.7117352 1.7116927 1.7117777 2020-01-19 05:13:20
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