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Forex Trend Analysis Report

Prepared for you on Thursday, March 21, 2019.

US Dollar/ (FOREX:USDBYN)

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_USDBYN
Open High Low USDBYN Price Change
2.13175 2.13175 2.13175 2.13175 0.00000
Entry Signal

MarketClub’s Trade Triangles for USDBYN

long term up The long term trend has been UP since Aug 9th, 2018 at 2.02090

intermediate term down The intermediate term trend has been DOWN since Feb 19th, 2019 at 2.14885

short term down The short term trend has been DOWN since Mar 10th, 2019 at 2.13975

Smart Scan Analysis for USDBYN

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

-70
Smart Scan Analysis for USDBYN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.13175 2.13175 2.13175 2.13175 0.00000
Prev. Close Volume Bid Ask Time
2.09135 2.12730 2.13620 2019-03-17 21:10:49
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