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Forex Trend Analysis Report

Prepared for you on Wednesday, July 18, 2018.

US Dollar/Bolivian Boliviano (FOREX:USDBOB)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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
6.94710 6.94710 6.91145 6.91145 -0.03565
Entry Signal

MarketClub’s Trade Triangles for USDBOB

long term down The long term trend has been DOWN since May 30th, 2018 at 6.89020

intermediate term down The intermediate term trend has been DOWN since Jul 8th, 2018 at 6.89505

short term up The short term trend has been UP since Jul 18th, 2018 at 6.91585

Smart Scan Analysis for USDBOB

Based on a pre-defined weighted trend formula for chart analysis, USDBOB scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-65
Smart Scan Analysis for USDBOB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
6.94710 6.94710 6.91145 6.91145 -0.03565
Prev. Close Volume Bid Ask Time
6.94710 6.73930 7.08360 2018-07-18 13:06:41
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