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Forex Trend Analysis Report

Prepared for you on Sunday, September 15, 2019.

British Pound/Bolivian Boliviano (FOREX:GBPBOB)

Smart Scan Chart Analysis indicates that the upward trend for this market is at a crossroads and has possibly ended. Look for choppy trading conditions in the near term Trading Range 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.

Open High Low GBPBOB Price Change
8.6414 8.6414 8.6414 8.6414 0.0000
Entry Signal

MarketClub’s Trade Triangles for GBPBOB

long term down The long term trend has been DOWN since May 19th, 2019 at 8.85765

intermediate term up The intermediate term trend has been UP since Aug 23rd, 2019 at 8.40920

short term up The short term trend has been UP since Sep 13th, 2019 at 8.52000

Smart Scan Analysis for GBPBOB

Based on a pre-defined weighted trend formula for chart analysis, GBPBOB scored +50 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for GBPBOB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
8.6414 8.6414 8.6414 8.6414 0.0000
Prev. Close Volume Bid Ask Time
8.6414 8.4159 8.8669 2019-09-15 20:00:11
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