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Forex Trend Analysis Report

Prepared for you on Monday, January 20, 2020.

British Pound/Argentine Peso (FOREX:GBPARS)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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_GBPARS
Open High Low GBPARS Price Change
77.99341 77.99571 77.89477 77.89477 -0.09864
Entry Signal

MarketClub’s Trade Triangles for GBPARS

long term up The long term trend has been UP since Aug 12th, 2019 at 59.48250

intermediate term down The intermediate term trend has been DOWN since Dec 25th, 2019 at 76.96622

short term down The short term trend has been DOWN since Jan 20th, 2020 at 77.91448

Smart Scan Analysis for GBPARS

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

-70
Smart Scan Analysis for GBPARS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
77.99341 77.99571 77.89477 77.89477 -0.09864
Prev. Close Volume Bid Ask Time
77.99341 77.88827 77.90126 2020-01-20 01:20:20
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