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Forex Trend Analysis Report

Prepared for you on Monday, January 21, 2019.

US Dollar/Burundi Franc (FOREX:USDBIF)

Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend 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_USDBIF
Open High Low USDBIF Price Change
1799.25 1799.25 1799.25 1799.25 0.00
Entry Signal

MarketClub’s Trade Triangles for USDBIF

long term down The long term trend has been DOWN since Jan 7th, 2019 at 1768.9

intermediate term up The intermediate term trend has been UP since Jan 15th, 2019 at 1817.0

short term up The short term trend has been UP since Jan 18th, 2019 at 1820.5

Smart Scan Analysis for USDBIF

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

+60
Smart Scan Analysis for USDBIF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1799.25 1799.25 1799.25 1799.25 0.00
Prev. Close Volume Bid Ask Time
1799.25 1774.60 1823.90 2019-01-20 20:07:42
Want to analyze US Dollar/Burundi Franc USDBIF or another symbol? Try our Free Forex Trend Analysis Report.