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Forex Trend Analysis Report

Prepared for you on Friday, September 20, 2019.

British Pound/Uruguayan Peso (FOREX:GBPUYU)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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_GBPUYU
Open High Low GBPUYU Price Change
46.1165 46.1165 46.1165 46.1165 0.0000
Entry Signal

MarketClub’s Trade Triangles for GBPUYU

long term up The long term trend has been UP since Sep 5th, 2019 at 45.1050

intermediate term up The intermediate term trend has been UP since Aug 21st, 2019 at 43.5680

short term up The short term trend has been UP since Aug 5th, 2019 at 41.6965

Smart Scan Analysis for GBPUYU

Based on a pre-defined weighted trend formula for chart analysis, GBPUYU scored +80 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+80
Smart Scan Analysis for GBPUYU
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
46.1165 46.1165 46.1165 46.1165 0.0000
Prev. Close Volume Bid Ask Time
46.1165 45.4360 46.7970 2019-09-19 20:22:31
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