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Forex Trend Analysis Report

Prepared for you on Thursday, January 17, 2019.

Swiss Franc/Botswana Pula (FOREX:CHFBWP)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. 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.

FOREX_CHFBWP
Open High Low CHFBWP Price Change
10.711 10.711 10.711 10.711 0.000
Entry Signal

MarketClub’s Trade Triangles for CHFBWP

long term down The long term trend has been DOWN since Dec 2nd, 2018 at 10.5895

intermediate term down The intermediate term trend has been DOWN since Jan 7th, 2019 at 10.7670

short term down The short term trend has been DOWN since Jan 7th, 2019 at 10.8930

Smart Scan Analysis for CHFBWP

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

-100
Smart Scan Analysis for CHFBWP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
10.711 10.711 10.711 10.711 0.000
Prev. Close Volume Bid Ask Time
10.711 10.569 10.853 2019-01-14 20:59:13
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