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Forex Trend Analysis Report

Prepared for you on Friday, October 18, 2019.

British Pound/New Zealand Dollar (FOREX:GBPNZD)

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_GBPNZD
Open High Low GBPNZD Price Change
2.035760 2.050835 2.016800 2.017300 -0.018460
Entry Signal

MarketClub’s Trade Triangles for GBPNZD

long term up The long term trend has been UP since Sep 13th, 2019 at 1.9416

intermediate term up The intermediate term trend has been UP since Oct 14th, 2019 at 1.9997

short term up The short term trend has been UP since Oct 11th, 2019 at 1.9585

Smart Scan Analysis for GBPNZD

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

+90
Smart Scan Analysis for GBPNZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.035760 2.050835 2.016800 2.017300 -0.018460
Prev. Close Volume Bid Ask Time
2.035760 2.016500 2.018100 2019-10-17 23:09:28
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