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Forex Trend Analysis Report

Prepared for you on Thursday, January 23, 2020.

British Pound/United Arab Emirates Dirham (FOREX:GBPAED)

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_GBPAED
Open High Low GBPAED Price Change
4.8204725 4.8250301 4.8167673 4.8167673 -0.0037050
Entry Signal

MarketClub’s Trade Triangles for GBPAED

long term up The long term trend has been UP since Oct 17th, 2019 at 4.6649500

intermediate term up The intermediate term trend has been UP since Dec 3rd, 2019 at 4.7629668

short term up The short term trend has been UP since Jan 16th, 2020 at 4.7988521

Smart Scan Analysis for GBPAED

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

+90
Smart Scan Analysis for GBPAED
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.8204725 4.8250301 4.8167673 4.8167673 -0.0037050
Prev. Close Volume Bid Ask Time
4.8204725 4.8167017 4.8168329 2020-01-23 09:35:58
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