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Forex Trend Analysis Report

Prepared for you on Tuesday, January 21, 2020.

Burundi Franc/US Dollar (FOREX:BIFUSD)

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_BIFUSD
Open High Low BIFUSD Price Change
0.00053152 0.00053152 0.00053152 0.00053152 0.00000000
Entry Signal

MarketClub’s Trade Triangles for BIFUSD

long term down The long term trend has been DOWN since Jul 26th, 2018 at 0.00056500

intermediate term down The intermediate term trend has been DOWN since Jan 19th, 2020 at 0.00053164

short term down The short term trend has been DOWN since Dec 30th, 2019 at 0.00053314

Smart Scan Analysis for BIFUSD

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

-90
Smart Scan Analysis for BIFUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00053152 0.00053152 0.00053152 0.00053152 0.00000000
Prev. Close Volume Bid Ask Time
0.00053152 0.00052440 0.00053865 2020-01-21 07:17:52
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