Analyze Symbol
Forex Trend Analysis Report
Prepared for you on Saturday, November 16, 2019.
US Dollar/Bolivian Boliviano (FOREX:USDBOB)
Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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.
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MarketClub’s Trade Triangles for USDBOB
The long term trend has been DOWN since Jun 9th, 2019 at 6.883900
The intermediate term trend has been DOWN since Oct 29th, 2019 at 6.899504
The short term trend has been DOWN since Oct 29th, 2019 at 6.914312
Smart Scan Analysis for USDBOB
Based on a pre-defined weighted trend formula for chart analysis, USDBOB scored -100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 6.914343 | 6.914343 | 6.914343 | 6.914343 | 0.000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 6.902898 | 6.732384 | 7.096302 | 2019-11-14 07:16:13 |