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Forex Trend Analysis Report

Prepared for you on Wednesday, March 20, 2019.

British Pound/Argentine Peso (FOREX:GBPARS)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend 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_GBPARS
Open High Low GBPARS Price Change
53.7215 53.7445 53.5350 53.6240 -0.0975
Entry Signal

MarketClub’s Trade Triangles for GBPARS

long term up The long term trend has been UP since May 9th, 2017 at 20.1110

intermediate term up The intermediate term trend has been UP since Jan 17th, 2019 at 49.0515

short term down The short term trend has been DOWN since Mar 15th, 2019 at 53.6705

Smart Scan Analysis for GBPARS

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

+85
Smart Scan Analysis for GBPARS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
53.7215 53.7445 53.5350 53.6240 -0.0975
Prev. Close Volume Bid Ask Time
53.7215 53.6170 53.6310 2019-03-20 09:10:49
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