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Forex Trend Analysis Report

Prepared for you on Monday, December 11, 2017.

Bermuda Dollar/Danish Krone (FOREX:BMDDKK)

Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend Very tight money management 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.

Open High Low BMDDKK Price Change
6.3115 6.3198 6.3024 6.3070 -0.0045
Entry Signal

MarketClub’s Trade Triangles for BMDDKK

long term up The long term trend has been UP since Nov 7th, 2017 at 6.4267

intermediate term down The intermediate term trend has been DOWN since Nov 15th, 2017 at 6.2992

short term up The short term trend has been UP since Dec 5th, 2017 at 6.2988

Smart Scan Analysis for BMDDKK

Based on a pre-defined weighted trend formula for chart analysis, BMDDKK scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for BMDDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
6.3115 6.3198 6.3024 6.3070 -0.0045
Prev. Close Volume Bid Ask Time
6.3115 6.3065 6.3075 2017-12-11 13:34:42
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