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Forex Trend Analysis Report

Prepared for you on Friday, January 17, 2020.

Euro/Bermuda Dollar (FOREX:EURBMD)

Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.

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_EURBMD
Open High Low EURBMD Price Change
1.1093 1.1093 1.1093 1.1093 0.0000
Entry Signal

MarketClub’s Trade Triangles for EURBMD

long term up The long term trend has been UP since Dec 30th, 2019 at 1.1165

intermediate term up The intermediate term trend has been UP since Dec 12th, 2019 at 1.1085

short term down The short term trend has been DOWN since Jan 3rd, 2020 at 1.1185

Smart Scan Analysis for EURBMD

Based on a pre-defined weighted trend formula for chart analysis, EURBMD scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+55
Smart Scan Analysis for EURBMD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.1093 1.1093 1.1093 1.1093 0.0000
Prev. Close Volume Bid Ask Time
1.1093 1.1063 1.1123 2020-01-12 13:08:55
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