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Forex Trend Analysis Report

Prepared for you on Monday, January 20, 2020.

British Pound/ (FOREX:GBPSRD)

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight money management stops.

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_GBPSRD
Open High Low GBPSRD Price Change
9.7385 9.7385 9.7385 9.7385 0.0000
Entry Signal

MarketClub’s Trade Triangles for GBPSRD

long term up The long term trend has been UP since Oct 22nd, 2019 at 9.3545

intermediate term up The intermediate term trend has been UP since Nov 19th, 2019 at 9.6305

short term up The short term trend has been UP since Jan 1st, 2020 at 9.7420

Smart Scan Analysis for GBPSRD

Based on a pre-defined weighted trend formula for chart analysis, GBPSRD scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+70
Smart Scan Analysis for GBPSRD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
9.7385 9.7385 9.7385 9.7385 0.0000
Prev. Close Volume Bid Ask Time
9.7055 9.6180 9.8590 2020-01-08 23:56:13
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