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Forex Trend Analysis Report

Prepared for you on Friday, August 23, 2019.

British Pound/Barbadian Dollar (FOREX:GBPBBD)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend 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.

FOREX_GBPBBD
Open High Low GBPBBD Price Change
2.4523 2.4523 2.4523 2.4523 0.0000
Entry Signal

MarketClub’s Trade Triangles for GBPBBD

long term down The long term trend has been DOWN since May 19th, 2019 at 2.55305

intermediate term down The intermediate term trend has been DOWN since Jul 9th, 2019 at 2.51355

short term down The short term trend has been DOWN since Jul 2nd, 2019 at 2.56175

Smart Scan Analysis for GBPBBD

Based on a pre-defined weighted trend formula for chart analysis, GBPBBD scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for GBPBBD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.4523 2.4523 2.4523 2.4523 0.0000
Prev. Close Volume Bid Ask Time
2.4703 2.3975 2.5071 2019-08-18 20:19:23
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