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Forex Trend Analysis Report

Prepared for you on Tuesday, January 21, 2020.

Euro/Bolivian Boliviano (FOREX:EURBOB)

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_EURBOB
Open High Low EURBOB Price Change
7.6844 7.6844 7.6844 7.6844 0.0000
Entry Signal

MarketClub’s Trade Triangles for EURBOB

long term up The long term trend has been UP since Dec 30th, 2019 at 7.7189

intermediate term up The intermediate term trend has been UP since Dec 5th, 2019 at 7.6654

short term down The short term trend has been DOWN since Jan 8th, 2020 at 7.6964

Smart Scan Analysis for EURBOB

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

+55
Smart Scan Analysis for EURBOB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7.6844 7.6844 7.6844 7.6844 0.0000
Prev. Close Volume Bid Ask Time
7.6844 7.4844 7.8844 2020-01-20 02:16:51
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