Forex Trend Analysis Report
Prepared for you on Sunday, March 18, 2018.
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 DOWN since Jan 2nd, 2018 at 3.09760
The intermediate term trend has been UP since Feb 28th, 2018 at 3.04575
The short term trend has been UP since Mar 9th, 2018 at 3.02730
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).