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Forex Trend Analysis Report

Prepared for you on Monday, February 17, 2020.

Euro/Burundi Franc (FOREX:EURBIF)

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_EURBIF
Open High Low EURBIF Price Change
2046.71 2046.71 2046.71 2046.71 0.00
Entry Signal

MarketClub’s Trade Triangles for EURBIF

long term down The long term trend has been DOWN since Feb 13th, 2020 at 2062.33

intermediate term down The intermediate term trend has been DOWN since Jan 20th, 2020 at 2088.09

short term down The short term trend has been DOWN since Feb 5th, 2020 at 2078.31

Smart Scan Analysis for EURBIF

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

-100
Smart Scan Analysis for EURBIF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2046.71 2046.71 2046.71 2046.71 0.00
Prev. Close Volume Bid Ask Time
2042.81 2018.71 2074.71 2020-02-13 21:03:33
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