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Forex Trend Analysis Report

Prepared for you on Wednesday, December 12, 2018.

Bahamian Dollar/Danish Krone (FOREX:BSDDKK)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend 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.

FOREX_BSDDKK
Open High Low BSDDKK Price Change
6.55260 6.59975 6.55110 6.56875 +0.01615
Entry Signal

MarketClub’s Trade Triangles for BSDDKK

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

intermediate term down The intermediate term trend has been DOWN since Dec 4th, 2018 at 6.51075

short term down The short term trend has been DOWN since Dec 11th, 2018 at 6.53435

Smart Scan Analysis for BSDDKK

Based on a pre-defined weighted trend formula for chart analysis, BSDDKK scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-70
Smart Scan Analysis for BSDDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
6.55260 6.59975 6.55110 6.56875 +0.01615
Prev. Close Volume Bid Ask Time
6.55260 6.52720 6.61030 2018-12-12 13:03:18
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