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Forex Trend Analysis Report

Prepared for you on Saturday, August 18, 2018.

US Dollar/Burundi Franc (FOREX:USDBIF)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.

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_USDBIF
Open High Low USDBIF Price Change
1786 1786 1786 1786 0
Entry Signal

MarketClub’s Trade Triangles for USDBIF

long term down The long term trend has been DOWN since May 30th, 2018 at 1758.95

intermediate term down The intermediate term trend has been DOWN since May 30th, 2018 at 1758.95

short term up The short term trend has been UP since Aug 16th, 2018 at 1785.50

Smart Scan Analysis for USDBIF

Based on a pre-defined weighted trend formula for chart analysis, USDBIF scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-55
Smart Scan Analysis for USDBIF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1786 1786 1786 1786 0
Prev. Close Volume Bid Ask Time
1786 1751 1821 2018-08-17 09:59:22
Want to analyze US Dollar/Burundi Franc USDBIF or another symbol? Try our Free Forex Trend Analysis Report.