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Forex Trend Analysis Report

Prepared for you on Sunday, January 19, 2020.

Euro/Bosnia-Herzegovina Mark (FOREX:EURBAM)

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with 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_EURBAM
Open High Low EURBAM Price Change
1.95583 1.95583 1.95583 1.95583 0.00000
Entry Signal

MarketClub’s Trade Triangles for EURBAM

long term up The long term trend has been UP since Oct 17th, 2019 at 1.9558

intermediate term up The intermediate term trend has been UP since Oct 17th, 2019 at 1.9558

short term up The short term trend has been UP since Oct 17th, 2019 at 1.9558

Smart Scan Analysis for EURBAM

Based on a pre-defined weighted trend formula for chart analysis, EURBAM scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+70
Smart Scan Analysis for EURBAM
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.95583 1.95583 1.95583 1.95583 0.00000
Prev. Close Volume Bid Ask Time
1.95583 1.94583 1.96583 2020-01-12 13:08:55
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