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Forex Trend Analysis Report

Prepared for you on Sunday, August 18, 2019.

British Pound/Afghan Afghani (FOREX:GBPAFN)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. 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_GBPAFN
Open High Low GBPAFN Price Change
94.3475 94.3475 94.3475 94.3475 0.0000
Entry Signal

MarketClub’s Trade Triangles for GBPAFN

long term down The long term trend has been DOWN since Jul 30th, 2019 at 99.503

intermediate term down The intermediate term trend has been DOWN since Jul 9th, 2019 at 101.225

short term down The short term trend has been DOWN since Jul 2nd, 2019 at 103.145

Smart Scan Analysis for GBPAFN

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

-100
Smart Scan Analysis for GBPAFN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
94.3475 94.3475 94.3475 94.3475 0.0000
Prev. Close Volume Bid Ask Time
94.3475 93.2750 95.4200 2019-08-11 20:07:57
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