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Forex Trend Analysis Report

Prepared for you on Monday, October 14, 2019.

British Pound/Paraguayan Guarani (FOREX:GBPPYG)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. 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_GBPPYG
Open High Low GBPPYG Price Change
7806.0 7806.0 7806.0 7806.0 0.0
Entry Signal

MarketClub’s Trade Triangles for GBPPYG

long term down The long term trend has been DOWN since Jun 19th, 2019 at 7881.60

intermediate term down The intermediate term trend has been DOWN since Oct 10th, 2019 at 7855.40

short term down The short term trend has been DOWN since Sep 25th, 2019 at 7937.45

Smart Scan Analysis for GBPPYG

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

-90
Smart Scan Analysis for GBPPYG
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7806.0 7806.0 7806.0 7806.0 0.0
Prev. Close Volume Bid Ask Time
8049.7 7661.5 7950.5 2019-10-10 10:51:04
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