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.
MarketClub’s Trade Triangles for BWPDKK
The long term trend has been DOWN since Jun 12th, 2018 at 0.62165
The intermediate term trend has been UP since Sep 24th, 2018 at 0.59760
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).