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.
MarketClub’s Trade Triangles for BNDDKK
The long term trend has been UP since May 1st, 2018 at 4.65795
The intermediate term trend has been UP since Feb 26th, 2018 at 4.59540
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).