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Forex Trend Analysis Report

Prepared for you on Friday, August 17, 2018.

Bosnia-Herzegovina Mark/British Pound (FOREX:BAMGBP)

Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend 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_BAMGBP
Open High Low BAMGBP Price Change
0.456435 0.456435 0.456185 0.456185 -0.000250
Entry Signal

MarketClub’s Trade Triangles for BAMGBP

long term up The long term trend has been UP since Jul 2nd, 2018 at 0.452275

intermediate term up The intermediate term trend has been UP since Jun 26th, 2018 at 0.450220

short term up The short term trend has been UP since Aug 8th, 2018 at 0.455145

Smart Scan Analysis for BAMGBP

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

+90
Smart Scan Analysis for BAMGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.456435 0.456435 0.456185 0.456185 -0.000250
Prev. Close Volume Bid Ask Time
0.456435 0.453850 0.458520 2018-08-14 21:12:57
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