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Forex Trend Analysis Report

Prepared for you on Wednesday, January 29, 2020.

Bosnia-Herzegovina Mark/British Pound (FOREX:BAMGBP)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. 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_BAMGBP
Open High Low BAMGBP Price Change
0.43130387 0.43130387 0.43129876 0.43129876 -0.00000500
Entry Signal

MarketClub’s Trade Triangles for BAMGBP

long term down The long term trend has been DOWN since Sep 17th, 2019 at 0.45307500

intermediate term down The intermediate term trend has been DOWN since Jan 22nd, 2020 at 0.43345136

short term down The short term trend has been DOWN since Jan 22nd, 2020 at 0.43376581

Smart Scan Analysis for BAMGBP

Based on a pre-defined weighted trend formula for chart analysis, BAMGBP scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for BAMGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.43130387 0.43130387 0.43129876 0.43129876 -0.00000500
Prev. Close Volume Bid Ask Time
0.43269207 0.42909356 0.43350395 2020-01-27 21:07:27
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