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Forex Trend Analysis Report

Prepared for you on Monday, November 18, 2019.

British Pound/ (FOREX:GBPSDG)

Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines 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_GBPSDG
Open High Low GBPSDG Price Change
58.169958 58.169958 58.169958 58.169958 0.000000
Entry Signal

MarketClub’s Trade Triangles for GBPSDG

long term up The long term trend has been UP since Oct 17th, 2019 at 57.241500

intermediate term down The intermediate term trend has been DOWN since Nov 10th, 2019 at 57.864954

short term up The short term trend has been UP since Nov 17th, 2019 at 57.953672

Smart Scan Analysis for GBPSDG

Based on a pre-defined weighted trend formula for chart analysis, GBPSDG scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+55
Smart Scan Analysis for GBPSDG
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
58.169958 58.169958 58.169958 58.169958 0.000000
Prev. Close Volume Bid Ask Time
58.169958 58.111509 58.228407 2019-11-18 02:08:58
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