Forex Trend Analysis Report
Prepared for you on Sunday, July 22, 2018.
Botswana Pula/Danish Krone (FOREX:BWPDKK)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with 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 BWPDKK
The long term trend has been DOWN since Jun 12th, 2018 at 0.62165
The intermediate term trend has been UP since Jul 16th, 2018 at 0.62375
The short term trend has been DOWN since Jul 19th, 2018 at 0.62055
Smart Scan Analysis for BWPDKK
Based on a pre-defined weighted trend formula for chart analysis, BWPDKK scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).