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Forex Trend Analysis Report

Prepared for you on Wednesday, January 29, 2020.

US Dollar/Bosnia-Herzegovina Mark (FOREX:USDBAM)

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.

FOREX_USDBAM
Open High Low USDBAM Price Change
1.7775102 1.7775102 1.7775102 1.7775102 0.0000000
Entry Signal

MarketClub’s Trade Triangles for USDBAM

long term down The long term trend has been DOWN since Dec 13th, 2019 at 1.7513589

intermediate term up The intermediate term trend has been UP since Jan 20th, 2020 at 1.7608351

short term up The short term trend has been UP since Jan 8th, 2020 at 1.7519393

Smart Scan Analysis for USDBAM

Based on a pre-defined weighted trend formula for chart analysis, USDBAM scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+70
Smart Scan Analysis for USDBAM
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.7775102 1.7775102 1.7775102 1.7775102 0.0000000
Prev. Close Volume Bid Ask Time
1.7775102 1.7684219 1.7865984 2020-01-29 07:19:21
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