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Forex Trend Analysis Report

Prepared for you on Wednesday, January 29, 2020.

British Pound/Bolivian Boliviano (FOREX:GBPBOB)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend 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_GBPBOB
Open High Low GBPBOB Price Change
9.000947 9.000947 9.000947 9.000947 0.000000
Entry Signal

MarketClub’s Trade Triangles for GBPBOB

long term up The long term trend has been UP since Oct 17th, 2019 at 8.711750

intermediate term down The intermediate term trend has been DOWN since Jan 20th, 2020 at 9.007402

short term down The short term trend has been DOWN since Jan 26th, 2020 at 9.042578

Smart Scan Analysis for GBPBOB

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

-70
Smart Scan Analysis for GBPBOB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
9.000947 9.000947 9.000947 9.000947 0.000000
Prev. Close Volume Bid Ask Time
9.000947 8.764316 9.237577 2020-01-29 07:19:23
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