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Forex Trend Analysis Report

Prepared for you on Tuesday, January 21, 2020.

/US Dollar (FOREX:BYNUSD)

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_BYNUSD
Open High Low BYNUSD Price Change
0.47228271 0.47228271 0.47123236 0.47123236 -0.00105000
Entry Signal

MarketClub’s Trade Triangles for BYNUSD

long term down The long term trend has been DOWN since Sep 1st, 2019 at 0.47751500

intermediate term down The intermediate term trend has been DOWN since Jan 6th, 2020 at 0.47363422

short term down The short term trend has been DOWN since Dec 30th, 2019 at 0.47716635

Smart Scan Analysis for BYNUSD

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

-100
Smart Scan Analysis for BYNUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.47228271 0.47228271 0.47123236 0.47123236 -0.00105000
Prev. Close Volume Bid Ask Time
0.47228271 0.47023042 0.47223430 2020-01-21 21:00:31
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