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Forex Trend Analysis Report

Prepared for you on Sunday, November 18, 2018.

US Dollar/Bolivian Boliviano (FOREX:USDBOB)

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_USDBOB
Open High Low USDBOB Price Change
6.85515 6.85515 6.85515 6.85515 0.00000
Entry Signal

MarketClub’s Trade Triangles for USDBOB

long term down The long term trend has been DOWN since Nov 17th, 2018 at 6.86105

intermediate term down The intermediate term trend has been DOWN since Nov 17th, 2018 at 6.87790

short term down The short term trend has been DOWN since Nov 5th, 2018 at 6.90645

Smart Scan Analysis for USDBOB

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

-100
Smart Scan Analysis for USDBOB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
6.85515 6.85515 6.85515 6.85515 0.00000
Prev. Close Volume Bid Ask Time
6.85515 6.68000 7.03030 2018-11-17 17:09:27
Want to analyze US Dollar/Bolivian Boliviano USDBOB or another symbol? Try our Free Forex Trend Analysis Report.