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Forex Trend Analysis Report

Prepared for you on Wednesday, November 13, 2019.

British Pound/Jamaican Dollar (FOREX:GBPJMD)

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_GBPJMD
Open High Low GBPJMD Price Change
180.00455 180.00455 179.99301 179.99301 -0.01154
Entry Signal

MarketClub’s Trade Triangles for GBPJMD

long term up The long term trend has been UP since Oct 13th, 2019 at 170.42500

intermediate term up The intermediate term trend has been UP since Oct 13th, 2019 at 169.49500

short term down The short term trend has been DOWN since Nov 13th, 2019 at 180.00567

Smart Scan Analysis for GBPJMD

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

+55
Smart Scan Analysis for GBPJMD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
180.00455 180.00455 179.99301 179.99301 -0.01154
Prev. Close Volume Bid Ask Time
180.00455 177.89400 182.09201 2019-11-13 11:26:09
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