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Forex Trend Analysis Report

Prepared for you on Friday, January 17, 2020.

Euro/Burundi Franc (FOREX:EURBIF)

Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend Very 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_EURBIF
Open High Low EURBIF Price Change
2088.09 2088.09 2088.09 2088.09 0.00
Entry Signal

MarketClub’s Trade Triangles for EURBIF

long term up The long term trend has been UP since Nov 3rd, 2019 at 2076.00

intermediate term up The intermediate term trend has been UP since Oct 13th, 2019 at 2039.40

short term down The short term trend has been DOWN since Jan 9th, 2020 at 2102.47

Smart Scan Analysis for EURBIF

Based on a pre-defined weighted trend formula for chart analysis, EURBIF scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+65
Smart Scan Analysis for EURBIF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2088.09 2088.09 2088.09 2088.09 0.00
Prev. Close Volume Bid Ask Time
2091.43 2060.09 2116.09 2020-01-09 20:04:20
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