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Forex Trend Analysis Report

Prepared for you on Thursday, September 19, 2019.

British Pound/Macau Pataca (FOREX:GBPMOP)

Smart Scan Chart Analysis indicates that the upward trend for this market is at a crossroads and has possibly ended. Look for choppy trading conditions in the near term Trading Range 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_GBPMOP
Open High Low GBPMOP Price Change
10.0671 10.0671 10.0671 10.0671 0.0000
Entry Signal

MarketClub’s Trade Triangles for GBPMOP

long term down The long term trend has been DOWN since May 19th, 2019 at 10.36250

intermediate term up The intermediate term trend has been UP since Sep 1st, 2019 at 9.86615

short term up The short term trend has been UP since Sep 13th, 2019 at 9.95070

Smart Scan Analysis for GBPMOP

Based on a pre-defined weighted trend formula for chart analysis, GBPMOP scored +50 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+50
Smart Scan Analysis for GBPMOP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
10.0671 10.0671 10.0671 10.0671 0.0000
Prev. Close Volume Bid Ask Time
10.0671 9.8412 10.2930 2019-09-18 20:37:14
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