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Forex Trend Analysis Report

Prepared for you on Monday, August 19, 2019.

British Pound/ (FOREX:GBPZMW)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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_GBPZMW
Open High Low GBPZMW Price Change
15.827 15.827 15.827 15.827 0.000
Entry Signal

MarketClub’s Trade Triangles for GBPZMW

long term down The long term trend has been DOWN since Jul 9th, 2019 at 15.7010

intermediate term up The intermediate term trend has been UP since Aug 18th, 2019 at 15.7835

short term up The short term trend has been UP since Aug 5th, 2019 at 15.6665

Smart Scan Analysis for GBPZMW

Based on a pre-defined weighted trend formula for chart analysis, GBPZMW scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for GBPZMW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
15.827 15.827 15.827 15.827 0.000
Prev. Close Volume Bid Ask Time
15.827 15.772 15.882 2019-08-18 20:19:23
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