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Forex Trend Analysis Report

Prepared for you on Tuesday, August 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.

Open High Low GBPARS Price Change
66.5410 66.5530 66.1685 66.3530 -0.1880
Entry Signal

MarketClub’s Trade Triangles for GBPARS

long term up The long term trend has been UP since Aug 12th, 2019 at 59.4825

intermediate term up The intermediate term trend has been UP since Aug 2nd, 2019 at 54.1285

short term down The short term trend has been DOWN since Aug 20th, 2019 at 66.3345

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).

Smart Scan Analysis for GBPARS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
66.5410 66.5530 66.1685 66.3530 -0.1880
Prev. Close Volume Bid Ask Time
66.5410 66.3470 66.3590 2019-08-20 10:17:30
Want to analyze British Pound/Argentine Peso GBPARS or another symbol? Try our Free Forex Trend Analysis Report.