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Forex Trend Analysis Report

Prepared for you on Monday, December 9, 2019.

British Pound/Japanese Yen (FOREX:GBPJPY)

Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend 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_GBPJPY
Open High Low GBPJPY Price Change
142.7275 143.0975 142.5715 142.8600 +0.1325
Entry Signal

MarketClub’s Trade Triangles for GBPJPY

long term up The long term trend has been UP since Oct 15th, 2019 at 137.540

intermediate term up The intermediate term trend has been UP since Nov 29th, 2019 at 141.548

short term up The short term trend has been UP since Dec 5th, 2019 at 142.697

Smart Scan Analysis for GBPJPY

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

+90
Smart Scan Analysis for GBPJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
142.7275 143.0975 142.5715 142.8600 +0.1325
Prev. Close Volume Bid Ask Time
142.7275 142.8300 142.8900 2019-12-09 14:02:32
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