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Forex Trend Analysis Report

Prepared for you on Saturday, September 21, 2019.

British Pound/Ugandan Shilling (FOREX:GBPUGX)

Smart Scan Chart Analysis indicates that the upward trend for this market is at a crossroads and has possibly ended. Look for choppy trading conditions in the near term Trading Range 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_GBPUGX
Open High Low GBPUGX Price Change
4611.15 4611.15 4611.15 4611.15 0.00
Entry Signal

MarketClub’s Trade Triangles for GBPUGX

long term down The long term trend has been DOWN since Jun 16th, 2019 at 4743.05

intermediate term up The intermediate term trend has been UP since Sep 8th, 2019 at 4501.20

short term up The short term trend has been UP since Sep 8th, 2019 at 4501.20

Smart Scan Analysis for GBPUGX

Based on a pre-defined weighted trend formula for chart analysis, GBPUGX scored +50 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+50
Smart Scan Analysis for GBPUGX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4611.15 4611.15 4611.15 4611.15 0.00
Prev. Close Volume Bid Ask Time
4611.15 4560.10 4662.20 2019-09-19 20:22:34
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