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Forex Trend Analysis Report

Prepared for you on Sunday, September 15, 2019.

US Dollar/Bolivian Boliviano (FOREX:USDBOB)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines 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.

FOREX_USDBOB
Open High Low USDBOB Price Change
6.91525 6.91525 6.91525 6.91525 0.00000
Entry Signal

MarketClub’s Trade Triangles for USDBOB

long term down The long term trend has been DOWN since Jun 9th, 2019 at 6.88390

intermediate term down The intermediate term trend has been DOWN since Sep 4th, 2019 at 6.90895

short term up The short term trend has been UP since Sep 15th, 2019 at 6.91000

Smart Scan Analysis for USDBOB

Based on a pre-defined weighted trend formula for chart analysis, USDBOB scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-55
Smart Scan Analysis for USDBOB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
6.91525 6.91525 6.91525 6.91525 0.00000
Prev. Close Volume Bid Ask Time
6.91525 6.73480 7.09570 2019-09-15 20:00:11
Want to analyze US Dollar/Bolivian Boliviano USDBOB or another symbol? Try our Free Forex Trend Analysis Report.