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Forex Trend Analysis Report

Prepared for you on Tuesday, October 16, 2018.

Brunei Dollar/Danish Krone (FOREX:BNDDKK)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend 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_BNDDKK
Open High Low BNDDKK Price Change
4.72465 4.72800 4.70880 4.72190 -0.00275
Entry Signal

MarketClub’s Trade Triangles for BNDDKK

long term down The long term trend has been DOWN since Sep 24th, 2018 at 4.70395

intermediate term down The intermediate term trend has been DOWN since Aug 27th, 2018 at 5.88065

short term down The short term trend has been DOWN since Oct 10th, 2018 at 4.73920

Smart Scan Analysis for BNDDKK

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

-90
Smart Scan Analysis for BNDDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.72465 4.72800 4.70880 4.72190 -0.00275
Prev. Close Volume Bid Ask Time
4.72465 3.86720 5.57660 2018-10-16 14:35:41
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