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Forex Trend Analysis Report

Prepared for you on Tuesday, July 23, 2019.

British Pound/Kuwaiti Dinar (FOREX:GBPKWD)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. 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_GBPKWD
Open High Low GBPKWD Price Change
0.379575 0.379885 0.378650 0.378775 -0.000800
Entry Signal

MarketClub’s Trade Triangles for GBPKWD

long term down The long term trend has been DOWN since May 17th, 2019 at 0.388265

intermediate term down The intermediate term trend has been DOWN since May 15th, 2019 at 0.392345

short term down The short term trend has been DOWN since Jul 23rd, 2019 at 0.379450

Smart Scan Analysis for GBPKWD

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

-100
Smart Scan Analysis for GBPKWD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.379575 0.379885 0.378650 0.378775 -0.000800
Prev. Close Volume Bid Ask Time
0.379575 0.377660 0.379890 2019-07-23 13:49:03
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