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Forex Trend Analysis Report

Prepared for you on Tuesday, July 17, 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.

FOREX_BBDDKK
Open High Low BBDDKK Price Change
3.17705 3.19785 3.17400 3.19745 +0.02040
Entry Signal

MarketClub’s Trade Triangles for BBDDKK

long term up The long term trend has been UP since May 1st, 2018 at 3.08805

intermediate term down The intermediate term trend has been DOWN since Jul 9th, 2018 at 3.16805

short term down The short term trend has been DOWN since Jul 17th, 2018 at 3.17905

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
3.17705 3.19785 3.17400 3.19745 +0.02040
Prev. Close Volume Bid Ask Time
3.17705 3.19720 3.19770 2018-07-17 14:16:37
Want to analyze Barbadian Dollar/Danish Krone BBDDKK or another symbol? Try our Free Forex Trend Analysis Report.