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Forex Trend Analysis Report

Prepared for you on Sunday, May 27, 2018.

Brunei Dollar/Danish Krone (FOREX:BNDDKK)

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 BNDDKK Price Change
4.73030 4.75230 4.71925 4.74630 +0.01600
Entry Signal

MarketClub’s Trade Triangles for BNDDKK

long term up The long term trend has been UP since May 1st, 2018 at 4.65795

intermediate term up The intermediate term trend has been UP since Feb 26th, 2018 at 4.59540

short term down The short term trend has been DOWN since May 23rd, 2018 at 5.65900

Smart Scan Analysis for BNDDKK

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

Smart Scan Analysis for BNDDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.73030 4.75230 4.71925 4.74630 +0.01600
Prev. Close Volume Bid Ask Time
4.73030 4.74520 4.74740 2018-05-25 14:33:52
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