Forex Trend Analysis Report
Prepared for you on Friday, August 23, 2019.
Barbadian Dollar/Danish Krone (FOREX:BBDDKK)
Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend 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.
MarketClub’s Trade Triangles for BBDDKK
The long term trend has been UP since May 1st, 2018 at 3.08805
The intermediate term trend has been UP since Jul 16th, 2019 at 3.32915
The short term trend has been UP since Aug 23rd, 2019 at 3.36945
Smart Scan Analysis for BBDDKK
Based on a pre-defined weighted trend formula for chart analysis, BBDDKK scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).