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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.
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MarketClub’s Trade Triangles for EURBAM
The long term trend has been UP since Oct 17th, 2019 at 1.9558
The intermediate term trend has been UP since Oct 17th, 2019 at 1.9558
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).
| 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 |