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Forex Trend Analysis Report

Prepared for you on Thursday, July 18, 2019.

British Pound/Swaziland Lilangeni (FOREX:GBPSZL)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. 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_GBPSZL
Open High Low GBPSZL Price Change
17.3160 17.3365 17.3160 17.3365 +0.0205
Entry Signal

MarketClub’s Trade Triangles for GBPSZL

long term down The long term trend has been DOWN since Jun 20th, 2019 at 18.1270

intermediate term down The intermediate term trend has been DOWN since Jun 20th, 2019 at 18.3335

short term down The short term trend has been DOWN since Jun 30th, 2019 at 18.1480

Smart Scan Analysis for GBPSZL

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

-100
Smart Scan Analysis for GBPSZL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
17.3160 17.3365 17.3160 17.3365 +0.0205
Prev. Close Volume Bid Ask Time
17.3160 17.1150 17.5580 2019-07-17 20:59:58
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