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Forex Trend Analysis Report

Prepared for you on Sunday, September 15, 2019.

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

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight 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_GBPAED
Open High Low GBPAED Price Change
4.59345 4.59345 4.58995 4.58995 -0.00350
Entry Signal

MarketClub’s Trade Triangles for GBPAED

long term down The long term trend has been DOWN since May 17th, 2019 at 4.69380

intermediate term up The intermediate term trend has been UP since Aug 26th, 2019 at 4.50015

short term up The short term trend has been UP since Sep 4th, 2019 at 4.48280

Smart Scan Analysis for GBPAED

Based on a pre-defined weighted trend formula for chart analysis, GBPAED scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+70
Smart Scan Analysis for GBPAED
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.59345 4.59345 4.58995 4.58995 -0.00350
Prev. Close Volume Bid Ask Time
4.59345 4.58870 4.59120 2019-09-15 20:00:19
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