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Forex Trend Analysis Report

Prepared for you on Monday, October 22, 2018.

Botswana Pula/Danish Krone (FOREX:BWPDKK)

Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight 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 BWPDKK Price Change
0.6120 0.6131 0.6081 0.6085 -0.0035
Entry Signal

MarketClub’s Trade Triangles for BWPDKK

long term down The long term trend has been DOWN since Jun 12th, 2018 at 0.62165

intermediate term up The intermediate term trend has been UP since Sep 24th, 2018 at 0.59760

short term up The short term trend has been UP since Oct 17th, 2018 at 0.60715

Smart Scan Analysis for BWPDKK

Based on a pre-defined weighted trend formula for chart analysis, BWPDKK scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for BWPDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.6120 0.6131 0.6081 0.6085 -0.0035
Prev. Close Volume Bid Ask Time
0.6120 0.6050 0.6120 2018-10-19 14:43:12
Want to analyze Botswana Pula/Danish Krone BWPDKK or another symbol? Try our Free Forex Trend Analysis Report.