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Forex Trend Analysis Report

Prepared for you on Saturday, January 20, 2018.

US Dollar/Bolivian Boliviano (FOREX:USDBOB)

Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with tight money management 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_USDBOB
Open High Low USDBOB Price Change
6.91 6.91 6.91 6.91 0.00
Entry Signal

MarketClub’s Trade Triangles for USDBOB

long term down The long term trend has been DOWN since Nov 13th, 2017 at 6.9100

intermediate term down The intermediate term trend has been DOWN since Dec 13th, 2017 at 6.9100

short term up The short term trend has been UP since Dec 18th, 2017 at 6.9119

Smart Scan Analysis for USDBOB

Based on a pre-defined weighted trend formula for chart analysis, USDBOB scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-75
Smart Scan Analysis for USDBOB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
6.91 6.91 6.91 6.91 0.00
Prev. Close Volume Bid Ask Time
6.96 6.86 6.96 2018-01-10 03:54:40
Want to analyze US Dollar/Bolivian Boliviano USDBOB or another symbol? Try our Free Forex Trend Analysis Report.