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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.

FOREX_BBDDKK
Open High Low BBDDKK Price Change
3.15980 3.16455 3.15150 3.16325 +0.00345
Entry Signal

MarketClub’s Trade Triangles for BBDDKK

long term up The long term trend has been UP since Nov 7th, 2017 at 3.21335

intermediate term down The intermediate term trend has been DOWN since Nov 15th, 2017 at 3.15010

short term down 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).

+60
Smart Scan Analysis for BBDDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.15980 3.16455 3.15150 3.16325 +0.00345
Prev. Close Volume Bid Ask Time
3.15980 3.16300 3.16350 2017-12-15 13:12:44
Want to analyze Barbadian Dollar/Danish Krone BBDDKK or another symbol? Try our Free Forex Trend Analysis Report.