Forex Trend Analysis Report
Prepared for you on Saturday, September 21, 2019.
British Pound/Argentine Peso (FOREX:GBPARS)
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.
MarketClub’s Trade Triangles for GBPARS
The long term trend has been UP since Aug 12th, 2019 at 59.4825
The intermediate term trend has been UP since Aug 2nd, 2019 at 54.1285
The short term trend has been UP since Sep 9th, 2019 at 69.1710
Smart Scan Analysis for GBPARS
Based on a pre-defined weighted trend formula for chart analysis, GBPARS scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).