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Forex Trend Analysis Report

Prepared for you on Tuesday, January 21, 2020.

US Dollar/Solomon Islands Dollar (FOREX:USDSBD)

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_USDSBD
Open High Low USDSBD Price Change
8.335649 8.335649 8.317770 8.317770 -0.017879
Entry Signal

MarketClub’s Trade Triangles for USDSBD

long term up The long term trend has been UP since Jun 26th, 2019 at 8.235450

intermediate term up The intermediate term trend has been UP since Dec 24th, 2019 at 8.303902

short term up The short term trend has been UP since Jan 20th, 2020 at 8.285871

Smart Scan Analysis for USDSBD

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

+70
Smart Scan Analysis for USDSBD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
8.335649 8.335649 8.317770 8.317770 -0.017879
Prev. Close Volume Bid Ask Time
8.335649 8.196721 8.438819 2020-01-21 17:53:22
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