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Forex Trend Analysis Report

Prepared for you on Saturday, December 7, 2019.

US Dollar/ (FOREX:USDBYN)

Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend 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.

FOREX_USDBYN
Open High Low USDBYN Price Change
2.1183525 2.1183525 2.1183525 2.1183525 0.0000000
Entry Signal

MarketClub’s Trade Triangles for USDBYN

long term up The long term trend has been UP since Sep 1st, 2019 at 2.0942000

intermediate term up The intermediate term trend has been UP since Oct 27th, 2019 at 2.0490260

short term up The short term trend has been UP since Nov 24th, 2019 at 2.0515853

Smart Scan Analysis for USDBYN

Based on a pre-defined weighted trend formula for chart analysis, USDBYN scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+90
Smart Scan Analysis for USDBYN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.1183525 2.1183525 2.1183525 2.1183525 0.0000000
Prev. Close Volume Bid Ask Time
2.1161708 2.1138373 2.1228677 2019-12-04 07:15:55
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