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Forex Trend Analysis Report

Prepared for you on Monday, August 20, 2018.

Bangladeshi Taka/Swedish Krona (FOREX:BDTSEK)

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_BDTSEK
Open High Low BDTSEK Price Change
0.10990 0.11020 0.10955 0.10960 -0.00030
Entry Signal

MarketClub’s Trade Triangles for BDTSEK

long term up The long term trend has been UP since Apr 2nd, 2018 at 0.10085

intermediate term up The intermediate term trend has been UP since Aug 8th, 2018 at 0.10610

short term up The short term trend has been UP since Aug 2nd, 2018 at 0.10435

Smart Scan Analysis for BDTSEK

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

+90
Smart Scan Analysis for BDTSEK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.10990 0.11020 0.10955 0.10960 -0.00030
Prev. Close Volume Bid Ask Time
0.10990 0.10750 0.11170 2018-08-20 10:29:05
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