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Forex Trend Analysis Report

Prepared for you on Monday, January 20, 2020.

British Pound/Cambodian Riel (FOREX:GBPKHR)

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_GBPKHR
Open High Low GBPKHR Price Change
5290.5335 5290.5335 5290.5335 5290.5335 0.0000
Entry Signal

MarketClub’s Trade Triangles for GBPKHR

long term up The long term trend has been UP since Oct 22nd, 2019 at 5191.6000

intermediate term down The intermediate term trend has been DOWN since Dec 23rd, 2019 at 5251.9891

short term down The short term trend has been DOWN since Jan 8th, 2020 at 5371.8658

Smart Scan Analysis for GBPKHR

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

-60
Smart Scan Analysis for GBPKHR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
5290.5335 5290.5335 5290.5335 5290.5335 0.0000
Prev. Close Volume Bid Ask Time
5290.5335 5173.3593 5407.7077 2020-01-19 21:12:52
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