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Forex Trend Analysis Report

Prepared for you on Saturday, May 25, 2019.

British Pound/Argentine Peso (FOREX:GBPARS)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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
56.9825 56.9825 56.9820 56.9825 0.0000
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 down The intermediate term trend has been DOWN since May 22nd, 2019 at 56.5555

short term down The short term trend has been DOWN since May 21st, 2019 at 56.9610

Smart Scan Analysis for GBPARS

Based on a pre-defined weighted trend formula for chart analysis, GBPARS scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for GBPARS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
56.9825 56.9825 56.9820 56.9825 0.0000
Prev. Close Volume Bid Ask Time
56.9825 56.9780 56.9870 2019-05-25 03:21:29
Want to analyze British Pound/Argentine Peso GBPARS or another symbol? Try our Free Forex Trend Analysis Report.