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Forex Trend Analysis Report

Prepared for you on Monday, February 17, 2020.

Argentine Peso/British Pound (FOREX:ARSGBP)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. 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_ARSGBP
Open High Low ARSGBP Price Change
0.01250566 0.01250875 0.01250047 0.01250574 0.00000000
Entry Signal

MarketClub’s Trade Triangles for ARSGBP

long term down The long term trend has been DOWN since Aug 12th, 2019 at 0.01681400

intermediate term down The intermediate term trend has been DOWN since Jan 31st, 2020 at 0.01265218

short term down The short term trend has been DOWN since Feb 11th, 2020 at 0.01266955

Smart Scan Analysis for ARSGBP

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

-90
Smart Scan Analysis for ARSGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.01250566 0.01250875 0.01250047 0.01250574 0.00000000
Prev. Close Volume Bid Ask Time
0.01250566 0.01249068 0.01252079 2020-02-17 01:33:12
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