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Forex Trend Analysis Report

Prepared for you on Friday, December 14, 2018.

Danish Krone/Bulgarian Lev (FOREX:DKKBGN)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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_DKKBGN
Open High Low DKKBGN Price Change
0.262005 0.262100 0.261780 0.262045 +0.000040
Entry Signal

MarketClub’s Trade Triangles for DKKBGN

long term down The long term trend has been DOWN since Nov 15th, 2018 at 0.261735

intermediate term down The intermediate term trend has been DOWN since Nov 1st, 2018 at 0.261935

short term down The short term trend has been DOWN since Dec 13th, 2018 at 0.261855

Smart Scan Analysis for DKKBGN

Based on a pre-defined weighted trend formula for chart analysis, DKKBGN scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for DKKBGN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.262005 0.262100 0.261780 0.262045 +0.000040
Prev. Close Volume Bid Ask Time
0.262005 0.261930 0.262160 2018-12-14 13:06:58
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