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Forex Trend Analysis Report

Prepared for you on Monday, November 18, 2019.

British Pound/Colombian Peso (FOREX:GBPCOP)

Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.

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_GBPCOP
Open High Low GBPCOP Price Change
4454.3547 4454.3547 4454.3547 4454.3547 0.0000
Entry Signal

MarketClub’s Trade Triangles for GBPCOP

long term up The long term trend has been UP since Sep 23rd, 2019 at 4232.8000

intermediate term down The intermediate term trend has been DOWN since Nov 4th, 2019 at 4340.9425

short term up The short term trend has been UP since Nov 13th, 2019 at 4293.3471

Smart Scan Analysis for GBPCOP

Based on a pre-defined weighted trend formula for chart analysis, GBPCOP scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+55
Smart Scan Analysis for GBPCOP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4454.3547 4454.3547 4454.3547 4454.3547 0.0000
Prev. Close Volume Bid Ask Time
4454.3547 4395.9063 4512.8031 2019-11-18 02:08:50
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