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Index Trend Analysis Report

Prepared for you on Sunday, June 16, 2019.

SPOT GBPUSD (INDEX) (NASDAQ:GBP)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. 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.

NASDAQ_GBP
Open High Low GBP Price Change
126.40 126.54 125.79 125.93 -0.83
Entry Signal

MarketClub’s Trade Triangles for GBP

long term down The long term trend has been DOWN since May 16th, 2019 at 127.73

intermediate term down The intermediate term trend has been DOWN since May 15th, 2019 at 128.67

short term down The short term trend has been DOWN since Jun 14th, 2019 at 126.71

Smart Scan Analysis for GBP

Based on a pre-defined weighted trend formula for chart analysis, GBP scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for GBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
126.40 126.54 125.79 125.93 -0.83
Prev. Close Volume Bid Ask Time
127.14 0 2019-06-14 17:15:12
52wk High143.4552wk High Date2018-01-25
52wk Low126.6252wk Low Date2018-08-15
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