Forex Trend Analysis Report
Prepared for you on Thursday, April 18, 2019.
Bangladeshi Taka/Swedish Krona (FOREX:BDTSEK)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend 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 BDTSEK
The long term trend has been UP since Feb 6th, 2019 at 0.10925
The intermediate term trend has been DOWN since Mar 19th, 2019 at 0.10905
The short term trend has been UP since Apr 18th, 2019 at 0.10995
Smart Scan Analysis for BDTSEK
Based on a pre-defined weighted trend formula for chart analysis, BDTSEK scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).