Forex Trend Analysis Report
Prepared for you on Saturday, December 16, 2017.
Barbadian Dollar/Danish Krone (FOREX:BBDDKK)
Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight 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.
MarketClub’s Trade Triangles for BBDDKK
The long term trend has been UP since Nov 7th, 2017 at 3.21335
The intermediate term trend has been DOWN since Nov 15th, 2017 at 3.15010
The short term trend has been DOWN since Dec 14th, 2017 at 3.15125
Smart Scan Analysis for BBDDKK
Based on a pre-defined weighted trend formula for chart analysis, BBDDKK scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).