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Forex Trend Analysis Report

Prepared for you on Wednesday, November 14, 2018.

Bermuda Dollar/Danish Krone (FOREX:BMDDKK)

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_BMDDKK
Open High Low BMDDKK Price Change
6.60775 6.62405 6.59945 6.61005 +0.00230
Entry Signal

MarketClub’s Trade Triangles for BMDDKK

long term up The long term trend has been UP since May 1st, 2018 at 6.17600

intermediate term up The intermediate term trend has been UP since Oct 1st, 2018 at 6.44610

short term up The short term trend has been UP since Nov 9th, 2018 at 6.54735

Smart Scan Analysis for BMDDKK

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

+90
Smart Scan Analysis for BMDDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
6.60775 6.62405 6.59945 6.61005 +0.00230
Prev. Close Volume Bid Ask Time
6.60775 6.60920 6.61090 2018-11-14 11:00:43
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